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Beazer Homes USA, Inc. is a home construction company based in Atlanta, Georgia. In 2016, the company was the 11th largest home builder in the United States based on the number of homes closed. [2] The company operates in 13 states. [1] As of December 31, 2016, the company had 161 active communities. [1]
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Beazer was a family business for six generations [1] before expanding in the 1980s into an international housebuilding, construction, and building materials group. After becoming overburdened with debt it was rescued by Hanson plc in 1991.
During 2019, the firm completed 15,855 homes and recorded an annual profit of £1.09 billion, which was the largest ever achieved by a British housebuilder; however, sales were declining amid recent reputational damage to Persimmon much of which was due to alleged quality control issues.
The 10-second takeawayFor the quarter ended Dec. 31 (Q1), Beazer Homes USA missed estimates on revenue and beat expectations on earnings per share. Beazer Homes USA Posts a Surprise Profit Skip to ...
Margins matter. The more Beazer Homes USA (NYS: BZH) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
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