UBS Remains Confident as Beazer Homes (BZH) Remains on Track to Drive Improved Results - Reiterates Buy

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Beazer Homes Reports First Quarter Fiscal 2016 Results

February 4, 2016 6:30 AM EST

ATLANTA--(BUSINESS WIRE)-- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced its financial results for the three months ended December 31, 2015.

The Company reported net income from continuing operations of $1.2 million for the quarter ended December 31, 2015, which included an $828 thousand loss on the extinguishment of debt and a $3.6 million benefit from insurance recoveries. This compared with a net loss of $18.1 million for the quarter ended... More