Beazer Homes Reports Third Quarter Fiscal 2018 Results
Beazer Homes USA, Inc. (BZH)
Last beazer homes usa, inc. earnings: 4/30 04:15 pm
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Source: Business Wire
ATLANTA--(BUSINESS WIRE)-- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced its financial results for the three and nine months ended June 30, 2018. “Our third quarter results reflected continued growth in revenue and a substantial increase in net income,” said Allan P. Merrill, President and CEO of Beazer Homes. “Housing demand remains strong across our markets, driven by rising consumer confidence, steady job growth, improving wage growth and a limited supply of for-sale homes. These positive tailwinds have allowed us to balance the impact of rising mortgage rates and cost pressures for land, labor and materials. “As we approach the end of our fiscal year, we are positioned to achieve our multi-year ‘2B-10’ goal as well as our planned reduction in leverage. Looking into fiscal 2019, we remain optimistic about the fundamentals for our industry. With incremental contributions f
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- Beazer Homes USA, Inc. (NYSE: BZH) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
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