Beazer Misses Big for Fiscal 1Q 2015
For fiscal 1Q 2015, Beazer reported earnings of ($0.68) per share versus the consensus analyst estimate of ($0.16) for a miss of $0.52. Revenue was $265.8M for the quarter against the consensus estimate of $294.8M. Not surprisingly, the stock came under attack following the earnings announcement dropping 8.41% on the day.
About author
You might also like
Trump Stirs Homebuilders’ Dreams of Cutting Environment Red Tape
As Don Huffines sees it, Donald Trump’s election instantly made his Dallas-area pastureland much more valuable. That’s because the residential developer expects the president-elect to follow through on a pledge
KB Home Stock Hammered
KB Home suffered its worst one-day percentage drop since Aug. 19, 1992 on Tuesday with a 16.3% decline. With lower than expected margins in the 4th quarter of 2014 and
Toll Releases Fourth Quarter Earnings
Despite relatively strong 4Q earnings of $131.5M, an increase of 39% over the year ago period, the earnings figure fell short of analyst expectations of 73 cents a share versus