Beazer Homes Usa, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2019
January 30, 2020 at 04:50 pm
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Beazer Homes USA, Inc. announced earnings results for the first quarter ended December 31, 2019. For the first quarter, the company announced sales was USD 417.804 million compared to USD 402.040 million a year ago. Operating income was USD 3.946 million compared to USD 3.506 million a year ago. Net income was USD 2.746 million compared to USD 7.311 million a year ago. Basic earnings per share was USD 0.09 compared to USD 0.23 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.