Beazer Homes USA BZH announces its next round of earnings this Thursday, April 29. Here is Benzinga's look at Beazer Homes USA's Q2 earnings report.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Beazer Homes USA earnings will be near $0.56 per share on sales of $559.70 million, according to analysts. Beazer Homes USA EPS in the same period a year ago totaled $0.35. Revenue was $489.41 million.
Why Analyst Estimates And Earnings Surprises Are Important
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
The Wall Street estimate would represent a 60.0% increase in the company's earnings. Revenue would be have grown 14.36% from the same quarter last year. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.29 | 0.58 | -0.09 | 0.26 |
EPS Actual | 0.40 | 0.82 | 0.59 | 0.35 |
Revenue Estimate | 421.30 M | 622.00 M | 427.40 M | 466.95 M |
Revenue Actual | 428.54 M | 686.75 M | 533.11 M | 489.41 M |
Stock Performance
Shares of Beazer Homes USA were trading at $20.52 as of April 27. Over the last 52-week period, shares are up 196.71%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Beazer Homes USA is scheduled to hold the call at 17:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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