Beazer Homes USA, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024
May 01, 2024 at 04:52 pm EDT
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Beazer Homes USA, Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was USD 541.54 million compared to USD 543.91 million a year ago. Net income was USD 39.17 million compared to USD 34.71 million a year ago. Basic earnings per share from continuing operations was USD 1.27 compared to USD 1.14 a year ago. Diluted earnings per share from continuing operations was USD 1.26 compared to USD 1.13 a year ago. Basic earnings per share was USD 1.27 compared to USD 1.14 a year ago. Diluted earnings per share was USD 1.26 compared to USD 1.13 a year ago.
For the six months, sales was USD 928.36 million compared to USD 988.84 million a year ago. Net income was USD 60.9 million compared to USD 59.04 million a year ago. Basic earnings per share from continuing operations was USD 1.98 compared to USD 1.94 a year ago. Diluted earnings per share from continuing operations was USD 1.96 compared to USD 1.93 a year ago. Basic earnings per share was USD 1.98 compared to USD 1.94 a year ago. Diluted earnings per share was USD 1.96 compared to USD 1.93 a year ago.
Beazer Homes USA, Inc. is a geographically diversified homebuilder. The Company operates through three segments: West, East and Southeast. Its West segment includes Arizona, California, Nevada, and Texas. Its East segment includes Indiana, Maryland/Delaware, Tennessee, and Virginia. Its Southeast segment includes Florida, Georgia, North Carolina, and South Carolina. It uses its digital and traditional marketing vehicles and other promotional activities, including its Website www.beazer.com, real estate listing sites, digital advertising, including search engine marketing and display advertising, social media, video, brochures, direct marketing, and out-of-home advertising, including billboards and signage located in the areas of its developments, as well as additional activities. The Company has operations in approximately 13 states within three geographic regions in the United States. The Company has maintained and owned approximately 242 model homes.
BEAZER HOMES USA, INC. 
