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Beazer Homes USA Inc. Reveals Retreat In Q3 Profit

Beazer Homes USA Inc. (BZH) reported earnings for third quarter that declined from the same period last year.

The company's profit totaled $11.6 million, or $0.38 per share. This compares with $13.4 million, or $0.41 per share, in last year's third quarter.

Analysts had expected the company to earn $0.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.6% to $482.74 million from $511.52 million last year.

Beazer Homes USA Inc. earnings at a glance:

-Earnings (Q3): $11.6 Mln. vs. $13.4 Mln. last year.
-EPS (Q3): $0.38 vs. $0.41 last year.
-Analysts Estimate: $0.13
-Revenue (Q3): $482.74 Mln vs. $511.52 Mln last year.

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