3 Homebuilder Stocks on Deck to Release Earnings

PulteGroup, Inc. (NYSE:PHM) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for profit of 8 cents per share, a swing from a loss of one cent in the year earlier quarter. During the past three months, the average estimate has moved up from 6 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 8 cents during the last month.

Last quarter, the company topped estimates by 0 cents, coming in at net income of 11 cents per share against a mean estimate of 0 cents. The company fell in line with estimates in the second quarter. On average, analysts predict $1.14 billion in revenue this quarter, a decline of 4.2% from the year ago quarter. Analysts are forecasting total revenue of $4.01 billion for the year, a decline of 12.3% from last year’s revenue of $4.57 billion.

Competitors to Watch: D.R. Horton, Inc. (NYSE:DHI), Lennar Corporation (NYSE:LEN), The Ryland Group, Inc. (NYSE:RYL), Toll Brothers, Inc. (NYSE:TOL), KB Home (NYSE:KBH), M.D.C. Holdings, Inc. (NYSE:MDC), Hovnanian Enterprises, Inc. (NYSE:HOV), Standard Pacific Corp. (NYSE:SPF), and Comstock Homebuilding Companies, Inc. (NASDAQ:CHCI).

Beazer Homes USA, Inc. (NYSE:BZH) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for a loss of 35 cents per share, a narrower loss from the year earlier quarter net loss of 63 cents. During the past three months, the average estimate has moved up from a loss of 46 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at a loss of 35 cents during the last month.

The company enters this earnings report having missed estimates the last four quarters. Last quarter, the company fell short of expectations by 15 cents, reporting net loss of of 47 cents per share against a mean estimate of a loss of 32 cents per share. Analysts are projecting a rise of 91.7% in revenue from the year-earlier quarter to $211.4 million.

Competitors to Watch: M.D.C. Holdings, Inc. (NYSE:MDC), KB Home (NYSE:KBH), Hovnanian Enterprises, Inc. (NYSE:HOV), D.R. Horton, Inc. (NYSE:DHI), M/I Homes, Inc. (NYSE:MHO), NVR, Inc. (NYSE:NVR), The Ryland Group, Inc. (NYSE:RYL) and PulteGroup, Inc. (NYSE:PHM).

MDC Holdings, Inc. (NYSE:MDC) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for a loss of 47 cents per share, a narrower loss from the year earlier quarter net loss of 65 cents. During the past three months, the average estimate has moved down from a loss of 24 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of 47 cents during the last month.

Last quarter, the company came in at net loss of 32 cents per share against a mean estimate of a loss of 50 cents per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by 3 cents. Analysts are projecting a decline of 4% in revenue from the year-earlier quarter to $249.2 million.

Competitors to Watch: D.R. Horton, Inc. (NYSE:DHI), PulteGroup, Inc. (NYSE:PHM), Toll Brothers, Inc. (NYSE:TOL), KB Home (NYSE:KBH), The Ryland Group, Inc. (NYSE:RYL), Standard Pacific Corp. (NYSE:SPF), Hovnanian Enterprises, Inc. (NYSE:HOV), NVR, Inc. (NYSE:NVR), Beazer Homes USA, Inc. (NYSE:BZH), and M/I Homes, Inc. (NYSE:MHO).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com