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Stock Market & Financial Investment News

News Breaks
November 13, 2012
07:32 EDTBZHBeazer Homes pullback on Q4 results an overreaction, says JPMorgan
JPMorgan views yesterday's 17% pullback in shares of Beazer Homes following the company's Q4 results as an overreaction. The firm believes Beazer's turnaround plan remains on track and reiterates an Overweight rating on the name with a newly established price target of $18.
News For BZH From The Last 14 Days
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April 3, 2014
08:15 EDTBZHBeazer Homes expects to report positive net income for FY14
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08:14 EDTBZHBeazer Homes sees Q2 total net new orders 1,390, down 9% from a year ago
Sees total backlog at Q2 end 2,163, down 2% from a year ago. As expected, new orders and closings were impacted by an estimated 6% decline in active community count, including a 21% decline in active community count in our West segment. In addition, closings, as well as some new orders, were impacted by severe weather conditions in our East Segment, which comprises approximately 40% of its active community count. Sales per community per month for Q2 were 3.3, compared with 2.2 in Q1 and 3.4 in 3Q13.

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