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Beazer Homes USA (BZH)
NYSE:BZH
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Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$0.31Last Year’s EPS
$0.7Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2024
|% Change Since: -12.64%
|Next Earnings Date:Jan 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with notable achievements in land investment, community growth, and leadership in Zero Energy Ready homes. However, the company faced challenges in the sales environment and expects a higher proportion of lower-margin spec homes and increased tax rates impacting profitability.Company Guidance
During Beazer Homes' Q4 2024 earnings call, Allan Merrill, the CEO, provided guidance for the upcoming fiscal year, highlighting several key metrics. The company anticipates a 20% year-over-year increase in community count, projecting to end fiscal 2025 with approximately 180 communities. They forecast over 10% top-line growth, driven by an expected sales pace of 2.5 to 3 sales per community per month. The full-year gross margin is anticipated to be between 19.5% and 20.5%, with a heavier reliance on spec homes, which are expected to account for over 60% of closings. Beazer Homes aims to maintain a double-digit return on capital employed and plans to invest around $850 million in land, with a target to exceed 30,000 owned and optioned lots by year-end. The company remains focused on achieving its multiyear goals, including a net debt to net capitalization ratio below 30% by fiscal 2026 and a commitment to building 100% Zero Energy Ready homes.Significant Investment in Land and Community Growth
Invested more than $750 million in land and land development, up nearly 36% from the prior year, ending with 162 active communities, up about 20% year-over-year.
Record Adjusted EBITDA and Earnings Per Share
Generated $243 million in adjusted EBITDA and earnings per share of $4.53, representing double-digit returns on both capital employed and equity.
Leadership in Zero Energy Ready Homes
Dramatically accelerated adoption of Zero Energy Ready homes, becoming the leader in delivering homes under the DOE's national single-family program.
Improvement in Sales Pace and Community Count Growth
October orders were up over 30% on a community count that was up almost 20% as sales pace returned to more normal levels.
Strong Balance Sheet and Liquidity
Total liquidity exceeding $500 million at the end of the fiscal year with no maturities until October 2027.
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BZH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BZH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $31.96 | $34.63 | +8.35% |
| Aug 01, 2024 | $32.73 | $28.57 | -12.71% |
| May 01, 2024 | $28.20 | $27.01 | -4.22% |
| Feb 01, 2024 | $32.36 | $29.81 | -7.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Beazer Homes USA (BZH) report earnings?
Beazer Homes USA (BZH) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is Beazer Homes USA (BZH) earnings time?
Beazer Homes USA (BZH) earnings time is at Jan 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BZH EPS forecast?
BZH EPS forecast for the fiscal quarter 2025 (Q1) is $0.31.
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