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April 3, 2014
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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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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