Beazer Homes Reports Fourth Quarter and Full Fiscal Year Results, Achievement of “2B-10” Plan, and Completion of $250 Million Debt Repurchase Plan; Announces $50 Million Stock Repurchase Plan with

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Go back to Beazer Homes Reports Fourth Quarter and Full Fiscal Year Results, Achievement of “2B-10” Plan, and Completion of $250 Million Debt Repurchase Plan; Announces $50 Million Stock Repurchase Plan with

Beazer Homes (BZH) PT Lowered to $17 at Wedbush

November 14, 2018 10:59 AM EST

Wedbush analyst Jay McCanless lowered the price target on Beazer Homes (NYSE: BZH) to $17.00 (from $20.00) while maintaining an Outperform rating.

Despite the cut, McCanless said the product mix and stock buyback should be catalysts for FY19.

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Beazer Homes (BZH) Tops Q4 EPS

November 13, 2018 6:34 AM EST

Beazer Homes (NYSE: BZH) reported Q4 EPS of $1.83, $0.82 better than the analyst estimate of $1.01. Revenue for the quarter came in at $767.95 million versus the consensus estimate of $747.32 million.

Strong operational results in our fourth quarter allowed us to complete our two most important objectives for fiscal 2018 - surpassing our 2B-10 goal and completing our $250 million debt reduction plan, said Allan P. Merrill, President and CEO of Beazer Homes. In the fourth quarter, we also finalized... More