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Beazer: Fiscal Q3 Earnings Snapshot
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ATLANTA (AP) — ATLANTA (AP) — Beazer Homes USA Inc. (BZH) on Friday reported a loss of $4.2 million in its fiscal third quarter.

On a per-share basis, the Atlanta-based company said it had a loss of 16 cents. Losses, adjusted for asset impairment costs and to extinguish debt, were 9 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.

The homebuilder posted revenue of $516.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $510.4 million.

Beazer shares have increased 65% since the beginning of the year. The stock has risen 44% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BZH at https://www.zacks.com/ap/BZH

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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