Loading...
•
Jun 30, 2024
Beazer Homes Q3 2024 Earnings Report
Reported healthy results driven by revenue growth and cost control, with progress towards multi-year goals.
Key Takeaways
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.
Net income from continuing operations was $27.2 million, or $0.88 per diluted share.
Homebuilding revenue increased 3.3% year-over-year to $589.6 million.
Net new orders decreased 10.8% to 1,070.
Backlog dollar value increased 3.6% to $1.05 billion.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...