2023-07-27 16:39:00 ET
- Beazer Homes press release ( NYSE: BZH ): Q3 GAAP EPS of $1.42 beats by $0.54 .
- Revenue of $572.54M (+8.7% Y/Y) beats by $60.28M .
- Homebuilding revenue of $570.5 million, up 9.0% on a 7.1% increase in home closings to 1,117 and a 1.8% increase in average selling price to $510.8 thousand
- Net new orders of 1,200, up 29.7% on a 28.3% increase in orders per community per month to 3.2 and a 1.1% increase in average community count to 124
- Backlog dollar value of $1.0 billion, down 36.4% on a 35.4% decrease in backlog units to 1,941 and a 1.6% decrease in average selling price of homes in backlog to $520.3 thousand
For further details see:
Beazer Homes GAAP EPS of $1.42 beats by $0.54, revenue of $572.54M beats by $60.28M