Beazer Homes USA Inc. Fourth Quarter Earnings Sneak Peek

Beazer Homes USA, Inc. (NYSE:BZH) will unveil its latest earnings on Tuesday, November 15, 2011. Beazer Homes USA designs, sells, and builds single-family and multi-family homes in the United States.

Beazer Homes USA, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 32 cents per share, a narrower loss from the year earlier quarter net loss of 54 cents. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved up. It has dropped from a loss of 30 cents during the last month.

Past Earnings Performance: Last quarter, the company fell short of estimates by 11 cents, coming in at net loss of 53 cents a share versus the estimate of a loss of 42 cents a share. It was the fourth straight quarter of missing estimates.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Wall St. Revenue Expectations: On average, analysts predict $307.4 million in revenue this quarter, a rise of 11.9% from the year ago quarter. Analysts are forecasting total revenue of $718.1 million for the year, a decline of 28.9% from last year’s revenue of $1.01 billion.

Analyst Ratings: Analysts are bearish on Beazer Homes USA as three analysts rate it as a sell, two rate it as a buy and one rates it as a hold.

A Look Back: In the third quarter, the company’s loss widened to a loss of a $59.1 million (80 cents a share) from a loss of $27.8 million (41 cents) a year earlier, missing analyst expectations. Revenue fell 49.2% to $172.8 million from $339.9 million.

Key Stats:

Revenue has fallen in the past four quarters. Revenue declined 35.7% in the second quarter from the year earlier, dropped 49.6% in first quarter from the year-ago quarter and 29.7% in the fourth quarter of the last fiscal year.

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), Orleans Homebuilders (OHBIQ), NVR, Inc. (NYSE:NVR), The Ryland Group, Inc. (NYSE:RYL), PulteGroup, Inc. (NYSE:PHM), and California Coastal Communities, Inc. (CALCQ).

Stock Price Performance: During October 12, 2011 to November 9, 2011, the stock price had risen 51 cents (30.2%) from $1.69 to $2.20. The stock price saw one of its best stretches over the last year between August 22, 2011 and August 30, 2011 when shares rose for seven-straight days, rising 46% (+69 cents) over that span. It saw one of its worst periods between July 22, 2011 and August 11, 2011 when shares fell for 15-straight days, falling 52.4% (-$1.73) over that span. Shares are down $3.19 (-59.2%) year to date.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

 

More from The Cheat Sheet