Beazer Homes USA, Inc. (BZH) Q2 2026 Earnings Call Transcript
Beazer Homes (BZH) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.72. This compares to earnings of $0.42 per share a year ago.
The headline numbers for Beazer (BZH) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Beazer Homes CEO Allan Merrill: If homebuilders chase the markets that look tightest today, those conditions may have already shifted by the time homes deliver 2 to 4 years later.
The United States housing market started to normalize in 2026, with the 30-year fixed-rate mortgage dipping as low as 5.98% by the week ending Feb. 26, 2026, after being above 6% for more than a year, per Freddie Mac. Besides, per the March 12 report by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, housing starts in January were 1,487,000, up 7.2% month over month and 9.5% from the year-ago value.
This home builder has seen estimates fall after a recent earnings miss, but it still has good earnings growth.
Beazer Homes USA (BZH) remains a 'sell' as weak housing demand pressures margins and undermines its expansion strategy. BZH's Q1 saw a $0.90 loss, 22% revenue decline, and gross margins drop to 14%, highlighting operational challenges. Management's aggressive community growth and buyback plans appear misaligned with deteriorating orders, rising cancellations, and high leverage.
Although the revenue and EPS for Beazer (BZH) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Beazer Homes (BZH) came out with a quarterly loss of $0.9 per share versus the Zacks Consensus Estimate of a loss of $0.49. This compares to earnings of $0.1 per share a year ago.
Beazer Homes ( BZH ) is your Bear of the Day because after reporting continued slow growth in their Q4 of FY'25 (ended September), analysts took the Zacks EPS FY'26 consensus down 19% from $1.81 to $1.47. For the quarter ended September 2025, this small-cap homebuilder, with projected revenues of nearly $2.5 billion for the current fiscal year, reported revenue of $791.9 million, down 1.8% over the same period last year.
Beazer Homes USA, Inc. faces near-term headwinds as home prices and new build activity decline, but remains fundamentally attractive for long-term investors. BZH's recent quarterly results exceeded analyst revenue and EPS expectations, despite falling profitability and a challenging housing market environment. The stock trades at low absolute valuation multiples but carries higher leverage than peers; BZH management is prioritizing deleveraging and community expansion.
Beazer Homes USA, Inc. ( BZH ) Q4 2025 Earnings Call November 13, 2025 5:00 PM EST Company Participants David Goldberg - Senior VP, CFO & Treasurer Allan Merrill - Chairman, President & CEO Conference Call Participants Rohit Seth - B. Riley Securities, Inc., Research Division Alan Ratner - Zelman & Associates LLC Alexander Rygiel Richard Reid - Wells Fargo Securities, LLC, Research Division Julio Romero - Sidoti & Company, LLC James McCanless - Wedbush Securities Inc., Research Division Presentation Operator Good afternoon, and welcome to the Beazer Homes Earnings Conference Call for the Fourth Fiscal Quarter and Full Year Ended September 30, 2025.