Beazer Homes USA, Inc. (BZH) experienced a sharp decline in its stock price on January 31, 2025, closing at $22.16, a significant 20% drop from the previous day's close of $27.70. The stock opened at $24.00 and fluctuated between a high of $24.61 and a low of $21.91, with an unusually high trading volume of 2,025,162 shares, over six times its average. This downturn was primarily driven by the company's dis
Beazer Homes' stock is experiencing a significant decline following the release of its first-quarter earnings report, which fell short of analyst expectations. The Atlanta-based homebuilder reported an adjusted earnings per share (EPS) of just 10 cents, a steep drop from 70 cents per share in the same period last year, and well below the LSEG estimate of 31 cents. Despite a 13% year-over-year increase in ne
Beazer Homes' stock is experiencing a significant decline following the release of its first-quarter earnings report, which revealed earnings per share (EPS) of $0.10, falling short of the $0.31 anticipated by Wall Street analysts. Despite the earnings miss, the company reported revenues of $468.95 million, slightly surpassing the expected $464.42 million. The revenue growth was driven by a 22.1% increase i
Beazer Homes reported its first-quarter fiscal 2025 results, revealing a significant decline in net income from continuing operations to $3.1 million, or $0.10 per diluted share, compared to $21.7 million, or $0.70 per diluted share, in the same period last year. The company's adjusted EBITDA also fell by 39.4% year-over-year. Despite a 20.9% increase in homebuilding revenue to $460.4 million, driven by a 2
Beazer Homes USA, Inc. (BZH) is experiencing a decline in its stock price today, likely influenced by broader macroeconomic factors affecting the housing market. The average long-term U.S. mortgage rate has increased again this week, reaching its highest level since July, which could be dampening investor sentiment towards homebuilders like Beazer Homes. Higher mortgage rates typically lead to reduced affor