Beazer Homes USA Inc. Q2 Profit Advances, Beats estimates

(RTTNews) - Beazer Homes USA Inc. (BZH) released earnings for its second quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $39.17 million, or $1.26 per share. This compares with $34.71 million, or $1.13 per share, in last year's second quarter.

Analysts on average had expected the company to earn $0.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.4% to $541.54 million from $543.91 million last year.

Beazer Homes USA Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $39.17 Mln. vs. $34.71 Mln. last year. -EPS (Q2): $1.26 vs. $1.13 last year. -Revenue (Q2): $541.54 Mln vs. $543.91 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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