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Beazer Homes (BZH) Q3 Earnings and Revenues Lag Estimates

Beazer Homes (BZH) came out with quarterly earnings of 0.26pershare,missingtheZacksConsensusEstimateof0.26 per share, missing the Zacks Consensus Estimate of 0.42 per share. This compares to earnings of 0.88pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof38.100.88 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -38.10%. A quarter ago, it was expected that this homebuilder would post earnings of 0.26 per share when it actually produced earnings of $0.42, delivering a surprise of +61.54%. There are no easy answers to this key ...