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Stock impact report

Beazer Homes Q1 net new order rise 28% Y/Y [Seeking Alpha]

Beazer Homes USA, Inc. (BZH) 
Last beazer homes usa, inc. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.beazer.com/investor-overview
Company Research Source: Seeking Alpha
Financials | On the Move Beazer Homes Q1 net new order rise 28% Y/Y Jan. 30, 2020 5:22 PM ET Beazer Homes USA, Inc. (BZH) Liz Kiesche Beazer Homes USA (NYSE: fiscal Q1 net income rises 1.2% Adjusted EBITDA for the quarter ended Dec. 31, 2019 of $29.4M increased from $26.8M a year ago; last twelve months EBITDA of $182.7M slipped from $203.1M. Q1 total revenue of $417.8M exceeds the $409.3M consensus estimate and increased from $402.0M a year earlier. Q1 net new home orders of 1,251 rose 28% Y/Y and average active community count of 168 increased by 5.2% Q1 cancellation rate of 14.9% fell from 19.8% a year ago. Q1 total home closings of 1,112 rose 2.7%; average selling price from closing was $375.4K, up 1.4% Y/Y. Q1 homebuilding revenue of $417.4M rose 4.1% while homebuilding gross margin of 15.1%, unchanged from a year ago. Backlog as of Dec. 31, 2019 was 1,847 units, up 21% Y/Y; dollar value in backlog of $732.1M rose 23%; average selling price in backlog was $396.4K, up 1.9%. Prev Show less Read more
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