For the quarter ended September 2024, Beazer Properties (BZH) reported income of $806.16 million, up 24.9% over the identical interval final yr. EPS got here in at $1.69, in comparison with $1.80 within the year-ago quarter.
The reported income represents a shock of +4.12% over the Zacks Consensus Estimate of $774.29 million. With the consensus EPS estimate being $1.36, the EPS shock was +24.26%.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher undertaking a inventory’s worth efficiency.
Right here is how Beazer carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Whole dwelling closings: 1,496 versus the three-analyst common estimate of 1,486.
- Common Closing Worth – Persevering with Operations (ASP from closing): $523.90 versus the three-analyst common estimate of $520.03.
- New dwelling orders, internet of cancellations: 1,029 in comparison with the 1,096 common estimate based mostly on three analysts.
- Models in Backlog – Persevering with Operations (Backlog models): 1,482 versus the three-analyst common estimate of 1,560.
- Precise Group Rely at quarter-end: 153 versus 155 estimated by three analysts on common.
- Income- Homebuilding: $783.79 million in comparison with the $772.47 million common estimate based mostly on three analysts. The reported quantity represents a change of +22.1% yr over yr.
- Income- Land gross sales and different: $22.37 million in comparison with the $2.75 million common estimate based mostly on two analysts. The reported quantity represents a change of +516.1% yr over yr.
- Gross revenue (loss)- Homebuilding: $134.91 million in comparison with the $130.19 million common estimate based mostly on three analysts.
View all Key Company Metrics for Beazer here>>>
Shares of Beazer have returned -1.4% over the previous month versus the Zacks S&P 500 composite’s +3% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
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Beazer Homes USA, Inc. (BZH) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
