Beazer Homes USA Q3 2024 GAAP EPS $0.88 Beats $0.83 Estimate, Sales $595.682M Miss $597.614M Estimate
Portfolio Pulse from Benzinga Newsdesk
Beazer Homes USA (NYSE:BZH) reported Q3 2024 earnings per share (EPS) of $0.88, beating the analyst estimate of $0.83. However, the company's sales of $595.682 million missed the estimate of $597.614 million. Sales increased by 4.04% compared to the same period last year.
August 01, 2024 | 8:17 pm
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Beazer Homes USA reported Q3 2024 EPS of $0.88, beating estimates by 6.02%, but sales of $595.682 million missed estimates by 0.32%. Sales increased by 4.04% YoY.
The positive EPS surprise is likely to have a more significant impact on the stock price than the slight miss in sales. The YoY sales increase also adds a positive sentiment.
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