Beazer Homes USA Inc. Profit Climbs In Q4, Beats estimates

(RTTNews) - Beazer Homes USA Inc. (BZH) announced a profit for its fourth quarter that rose from the same period last year.

The company's bottom line came in at $48.36 million, or $1.57 per share. This compares with $23.68 million, or $0.79 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 14.0% to $590.94 million from $686.75 million last year.

Beazer Homes USA Inc. earnings at a glance:

-Earnings (Q4): $48.36 Mln. vs. $23.68 Mln. last year. -EPS (Q4): $1.57 vs. $0.79 last year. -Analysts Estimate: $0.82 -Revenue (Q4): $590.94 Mln vs. $686.75 Mln last year.