Beazer Homes (BZH) Misses Q4 EPS by 20c; New Orders, Closings, Cancellation Rates Increased
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Beazer Homes USA (NYSE: BZH) reported Q4 EPS of ($0.57), $0.20 worse than the analyst estimate of ($0.37). Revenue for the quarter came in at $334.91 million versus the consensus estimate of $307.45 million.
Total new orders: 1,006 homes, a 33% increase from fiscal 2010.
Total home closings: 1,376 homes, a 23% increase from fiscal 2010.
Cancellation rates: 34.2%, compared with 33.2% in fiscal 2010.
Total new orders: 1,006 homes, a 33% increase from fiscal 2010.
Total home closings: 1,376 homes, a 23% increase from fiscal 2010.
Cancellation rates: 34.2%, compared with 33.2% in fiscal 2010.
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