Beazer Homes Q2'24 EPS of $1.26 exceeded estimates, despite a 0.4% revenue dip to $541.5M and homebuilding revenue decrease to $538.

Beazer Homes USA Inc. reported Q2'24 earnings per share (EPS) of $1.26, exceeding estimates, but saw a 0.4% revenue dip to $541.5M. Net income rose to $39.2M, with homebuilding revenue down to $538.6M. Homebuilding gross margin remained at 18.7% and new orders increased 10% to 1,299. The company's strong backlog ($1.08B) and optimistic economic outlook indicate future revenue potential.

May 01, 2024
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