Beazer Homes Earnings Reports

Beazer Homes experienced a challenging third quarter in fiscal 2025, reporting a net loss of $0.3 million, or $0.01 per diluted share, largely impacted by $10.3 million in inventory impairment and abandonment charges. Homebuilding revenue decreased by 9.2% year-over-year to $535.4 million, driven by an 11.3% decrease in home closings, although partially offset by a 2.4% increase in average selling price. Net new orders were down 19.5%, and Adjusted EBITDA fell by 40.0% to $32.1 million. Despite these headwinds, the company increased its active community count by 14.4% and maintained a homebuilding gross margin of 13.5%.

Beazer Homes reported a significant decrease in net income and EPS for Q2 2025 compared to the prior year, despite a modest increase in homebuilding revenue driven by higher closings. The decline in profitability was attributed to lower operating margins, primarily due to increased price concessions and incentives, and a higher percentage of spec home closings.

Beazer Homes USA, Inc. announced its financial results for the three months ended December 31, 2024. The company saw an increase in net new orders and closings, supported by a higher community count. However, net income and adjusted EBITDA decreased compared to the previous year due to lower operating margins.

Beazer Homes reported a net income of $52.1 million, or $1.69 per diluted share, and adjusted EBITDA of $93.1 million for the fourth quarter of fiscal year 2024. Revenue increased by 22.1% year-over-year to $783.8 million, driven by a 21.3% increase in home closings and a 0.7% increase in ASP. The company ended the year with 162 active communities, up 20.9% year-over-year.

Beazer Homes reported a net income of $27.2 million, or $0.88 per diluted share, and adjusted EBITDA of $53.5 million. Homebuilding revenue increased by 3.3% to $589.6 million, driven by a 4.5% increase in home closings. The company also repurchased approximately 450,000 shares of its common stock.

Beazer Homes reported strong sales, solid margins, and growth in community count and lot position for Q2 2024. Net income was $39.2 million, or $1.26 per diluted share. Homebuilding revenue was $538.6 million, a slight decrease of 0.6%.

Beazer Homes USA, Inc. reported a decrease in homebuilding revenue by 14.2% to $380.9 million due to a decrease in home closings and average selling price. However, net new orders increased by 70.7%. Net income from continuing operations was $21.7 million, or $0.70 per diluted share.

Beazer Homes reported strong fourth quarter results with growth in community count, improved backlog conversion, and higher gross margins. Net income was $56 million, Adjusted EBITDA was $90 million, and earnings per diluted share were $1.80.

Beazer Homes reported a net income of $43.8 million, or $1.42 per diluted share, and homebuilding revenue of $570.5 million, up 9.0% year-over-year. Net new orders increased by 29.7% to 1,200, and adjusted EBITDA was $72.8 million.

Beazer Homes reported a net income of $34.7 million, or $1.13 per diluted share, and adjusted EBITDA of $62.1 million for the second quarter of fiscal year 2023. Homebuilding revenue increased by 6.9% to $542.0 million, driven by an 8.4% increase in average selling price, while home closings decreased slightly by 1.4%.

Beazer Homes reported a net income of $24.4 million and earnings per share of $0.80 for the first quarter of fiscal year 2023. The results were driven by year-over-year increases in home prices, healthy gross margins, and careful management of overhead costs.

Beazer Homes reported very strong fourth quarter financial results, driven by increases in home prices and margins. Adjusted EBITDA increased by 88.4% and earnings per share increased from $1.57 to $2.82.

Beazer Homes reported strong Q3 financial results with net income of $54.3 million, or $1.76 per diluted share. Homebuilding revenue was $523.2 million, and the homebuilding gross margin was 25.1%. The company expects fiscal year 2022 earnings per share of approximately $6.50 and to reduce debt below $1 billion by year end.

Beazer Homes reported strong second quarter fiscal 2022 results, with net income from continuing operations increasing to $44.7 million, or $1.45 per diluted share. The company experienced a decrease in homebuilding revenue due to lower home closings, but this was partially offset by an increase in average selling prices. Homebuilding gross margin improved significantly, and the company continued to expand its lot position and reduce leverage.

Beazer Homes reported a strong first quarter with net income more than doubling compared to the prior year. The company's performance was driven by gains in operating margin and adjusted EBITDA. They expect full-year results to exceed the previously communicated target of $5.00 EPS.

Beazer Homes reported a successful fiscal year, with significant gains in operating margin and adjusted EBITDA, leading to full year net income that more than doubled the prior year. The company also grew its total active lot position and reduced leverage. For Q4, net income from continuing operations was $48.4 million, or $1.57 per diluted share.

Beazer Homes reported strong Q3 2021 results with net income more than doubling compared to the same period last year, driven by gains in operating margin and adjusted EBITDA. The company also grew its total active lot position while continuing to reduce leverage.

Beazer Homes reported an extraordinary second quarter, marked by significant growth in sales pace, average sales price, gross margin, and adjusted EBITDA, resulting in a doubling of quarterly net income compared to the previous year. The company also improved its balance sheet efficiency by increasing the share of lots controlled by options while continuing to reduce leverage.

Beazer Homes reported a strong first quarter with significant increases in net income, adjusted EBITDA, and new orders. The company saw improvements in gross margin and overhead cost efficiency, contributing to higher profitability. They are focusing on growth and ESG initiatives to create long-term value.

Beazer Homes reported a decrease in homebuilding revenue for the fourth quarter, driven by lower home closings, but net new orders increased due to high demand. The company's backlog dollar value increased significantly, and they maintained a strong liquidity position.

Beazer Homes reported a strong third quarter with improvements in home closings and margins, leading to substantial profitability improvements. The company experienced a surge in demand after difficult sales conditions in April, culminating in the best June sales month in more than ten years.

Beazer Homes' Q2 2020 results showed significant improvement compared to the previous year, with a notable increase in net income, adjusted EBITDA, and homebuilding revenue. However, the company acknowledged the overshadowing effects of the COVID-19 pandemic in mid-March and the uncertainty it brings to future performance.

Beazer Homes reported a 4.1% increase in homebuilding revenue, driven by a 2.7% increase in home closings and a 1.4% increase in average selling price. Adjusted EBITDA increased by 9.4%.