Beazer (BZH) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
The housing sector continues to be more than challenged triggering a recent sharp downturn in most housing related stocks. Housing affordability remains near historical lows, new home inventory is surging, and mortgage rates are stubbornly hovering near the 7% level. New tariffs are also pushing the price of lumber higher, which will hurt profit margins for the home builders.
Beazer Homes USA, Inc. BZH is feeling the changes in the housing market in 2025. This Zacks Rank #5 (Strong Sell) is expected to see falling earnings this year.
Although the revenue and EPS for Beazer (BZH) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Start Time: 17:00 January 1, 0000 5:47 PM ET Beazer Homes USA, Inc. (NYSE:BZH ) Q1 2025 Earnings Conference Call January 30, 2025, 17:00 PM ET Company Participants Allan Merrill - Chairman and CEO Dave Goldberg - SVP and CFO Conference Call Participants Tyler Batory - Oppenheimer Alan Ratner - Zelman & Associates Julio Romero - Sidoti & Company Jay McCanless - Wedbush Operator Good afternoon, and welcome to the Beazer Homes Earnings Conference Call for the First Quarter and Fiscal Year ended December 31, 2024. Today's call is being recorded, and a replay will be available on the company's website later today.
Beazer Homes (BZH) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.70 per share a year ago.
Despite rising home prices, a housing shortage boosts demand, making homebuilding stocks, especially Beazer Homes USA, a strong long-term investment. Beazer Homes USA saw a 17.6% share increase since June and a 78.3% rise since January 2022, outperforming the S&P 500. Revenue rose 5.6% in 2024, but profits and cash flows declined due to rising costs; however, operating cash flow surged in the final quarter.
Beazer Homes faces challenges with high interest rates, lower buyer affordability, and increased construction costs, leading to skepticism about its growth plans. Despite a revenue increase in fiscal 2024, rising costs caused a drop in gross profit and operating income, straining cash flow. The company plans to expand its inventory and community developments, but lower backlog and higher cancellation rates pose risks.
Cisco (CSCO) was mixed but Beazer Homes (BZH) beat expectations Wednesday afternoon.
Beazer Homes USA, Inc. (NYSE:BZH ) Q4 2024 Earnings Call Transcript November 13, 2024 5:00 PM ET Company Participants Dave Goldberg - SVP and CFO Allan Merrill - Chairman and CEO Conference Call Participants Alex Hantman - Sidoti & Company Alan Ratner - Zelman & Associates Tyler Batory - Oppenheimer Jay McCanless - Wedbush Alex Rygiel - B. Riley Alex Barron - Housing Research Center Operator Good afternoon, and welcome to the Beazer Homes Earnings Conference Call for the Fourth Quarter and Fiscal Year Ended September 30th 2024.
The headline numbers for Beazer (BZH) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Beazer Homes (BZH) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.80 per share a year ago.