Beazer Homes USA Inc. (BZH) released a profit for first quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings came in at $3.13 million, or $0.10 per share. This compares with $21.73 million, or $0.70 per share, last year.
Analysts on average had expected the company to earn $0.31 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 21.2% to $468.95 million from $386.82 million last year.
Beazer Homes USA Inc. earnings at a glance (GAAP) :
-Earnings: $3.13 Mln. vs. $21.73 Mln. last year.
-EPS: $0.10 vs. $0.70 last year.
-Revenue: $468.95 Mln vs. $386.82 Mln last year.
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