Beazer Homes USA Inc. Q4 Profit Rises, Beats estimates

Beazer Homes USA Inc. (BZH) announced earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $86.82 million, or $2.82 per share. This compares with $48.36 million, or $1.57 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $2.06 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 40.1% to $827.67 million from $590.94 million last year.

Beazer Homes USA Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $86.82 Mln. vs. $48.36 Mln. last year.
-EPS (Q4): $2.82 vs. $1.57 last year.
-Analyst Estimate: $2.06
-Revenue (Q4): $827.67 Mln vs. $590.94 Mln last year.

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