Beazer Homes USA Third Quarter Earnings Sneak Peek

Beazer Homes USA, Inc. (NYSE:BZH) will unveil its latest earnings on Tuesday, August 9, 2011. Beazer Homes USA, Inc. 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 42 cents per share, a wider loss from the year earlier quarter net loss of 27 cents. During the past three months, the average estimate has moved down from a loss of 41 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at a loss of 42 cents during the last month.

Past Earnings Performance: For the past three quarters, the company’s quarterly results have come in below analyst’s expectations. Last quarter, the company reported net loss of 50 cents per share versus a mean estimate of a loss of 46 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $231.8 million in revenue this quarter, a decline of 31.8% from the year ago quarter. Analysts are forecasting total revenue of $729.9 million for the year, a decline of 27.7% 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, one rates it as a buy and three rate it as a hold.

Key Stats:

Revenue has fallen for the past three quarters. In second quarter, revenue declined 35.7% to $127.5 million while the figure fell 49.6% in first quarter from the year earlier 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 May 9, 2011 to August 3, 2011, the stock price had fallen $1.56 (-37.7%) from $4.14 to $2.58. The stock price saw one of its best stretches over the last year between December 14, 2010 and December 22, 2010 when shares rose for seven-straight days, rising 15.6% (+74 cents) over that span. It saw one of its worst periods between July 22, 2011 and August 3, 2011 when shares fell for nine-straight days, falling 21.8% (-72 cents) over that span. Shares are down $2.81 (-52.1%) year to date.

(Source: Xignite Financials)

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