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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.
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January 30, 2015
06:38 EDTBZHBeazer Homes reports Q1 new home orders up 7.9% to 966
Reports Q1 total home closings down 14.7% to 885. Reports Q1-end backlog up 1.2% to 1,771.
06:37 EDTBZHBeazer Homes 'on track' to meet 2B-10 objectives to reach $2B in revenue by 2016
The company remains on track to meet its 2B-10 objectives to reach $2B in revenue with a 10% Adjusted EBITDA margin by the end of fiscal 2016. In the quarter ended December 31, 2014, orders were up 7.9%, average selling prices were up $16 thousand, or 5.8%, the quarter-end community count was up 13 percent and homebuilding gross margins improved by 60 basis points.
06:37 EDTBZHBeazer Homes reports Q1 EPS (84c), consensus (12c)
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