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Beazer Homes USA, Inc. (symbol: BZH), headquartered in Atlanta, is a prominent player in the U.S. residential construction market. With over 50 years of experience, Beazer Homes is one of the nation’s largest home builders, offering new homes for sale across the United States. The company specializes in the construction of single-family homes and multi-unit buildings, operating in over 13 states and more than 22 metropolitan areas, including key markets such as Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa.
Beazer Homes focuses on providing high-quality homes that meet and exceed Energy Star® requirements, appealing to a wide range of homebuyers with varying budgets. The company offers flexible mortgage plans and unique floorplans to ensure customization and satisfaction among first-time, move-up, and luxury homebuyers. The average selling price of a Beazer home is approximately $300,000.
Recent achievements include building over 130,000 homes in the last 12 years alone. Beazer Homes is committed to sustainability and energy efficiency, which not only saves energy but also reduces costs for homeowners. The company’s long-term business strategy is centered on maximizing return on invested capital while continuously enhancing the quality of its homes.
In addition to construction, Beazer Homes is involved in land purchasing and development to support future building projects. The company also provides mortgage services, making the home-buying process smoother for its customers. Since 1994, Beazer Homes has been listed on the New York Stock Exchange under the ticker symbol “BZH”.
Beazer Homes (NYSE: BZH) will release its financial results for the quarter ending March 31, 2023, on April 27, 2023, post market close. A conference call will be held the same day at 5:00 PM ET to discuss the results. Investors can access the call by telephone or through the company's Investor Relations webpage. Beazer is one of the largest homebuilders in the U.S., focusing on offering quality homes with customizable options and competitive mortgage solutions to enhance affordability. For more details, visit www.beazer.com.
Beazer Homes USA, Inc. (NYSE: BZH) announced its financial results for the three months ending December 31, 2022, achieving a net income of $24 million and earnings per share of $0.80 despite a challenging new home sales environment. The company faced a significant 57.8% drop in net new orders, totaling 482, due to high mortgage rates affecting affordability. Homebuilding revenue remained relatively stable at $444.1 million, with a slight decrease of 0.6%. However, adjusted EBITDA decreased by 22.9% to $47.1 million. The backlog value fell by 33%, demonstrating ongoing challenges in the housing market.
Beazer Homes (NYSE: BZH) will announce its financial results for the quarter ending
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