Beazer Homes USA (NYSE: BZH ) is expected to report Q3 earnings around Aug. 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Beazer Homes USA's revenues will increase 31.4% and EPS will remain in the red.
The average estimate for revenue is $334.4 million. On the bottom line, the average EPS estimate is -$0.40.
Last quarter, Beazer Homes USA reported revenue of $287.9 million. GAAP reported sales were 50% higher than the prior-year quarter's $191.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.55. GAAP EPS were -$0.80 for Q2 against -$2.54 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 15.9%, 480 basis points better than the prior-year quarter. Operating margin was 0.8%, 940 basis points better than the prior-year quarter. Net margin was -6.8%, much better than the prior-year quarter.
The full year's average estimate for revenue is $1.29 billion. The average EPS estimate is -$1.74.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 418 members out of 1,058 rating the stock outperform, and 640 members rating it underperform. Among 264 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 99 give Beazer Homes USA a green thumbs-up, and 165 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Beazer Homes USA is hold, with an average price target of $16.75.
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