Beazer Homes Reports Strong First Quarter Fiscal 2022 Results

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Beazer Homes (BZH) Tops Q1 EPS by 47c

January 27, 2022 4:16 PM EST

Beazer Homes (NYSE: BZH) reported Q1 EPS of $1.14, $0.47 better than the analyst estimate of $0.67. Revenue for the quarter came in at $454.15 million versus the consensus estimate of $451.87 million.

Net new orders of 1,141, down 20.9% on a 16.2% decrease in average community count to 114 and a 5.6% decrease in orders/community/month to 3.3Dollar value of backlog of $1,405.2 million, up 20.9%. The average selling price of homes in backlog was $483.2 thousand, up 17.9% from $409.7... More