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Unveiling Beazer (BZH) Q4 Outlook: Wall Street Estimates for Key Metrics
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The upcoming report from Beazer Homes (BZH - Free Report) is expected to reveal quarterly earnings of $0.80 per share, indicating a decline of 52.7% compared to the year-ago period. Analysts forecast revenues of $672.93 million, representing a decline of 16.5% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Beazer metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts forecast 'Revenue- Homebuilding' to reach $671.27 million. The estimate suggests a change of -14.4% year over year.
Analysts expect 'Total home closings' to come in at 1,255 . The estimate is in contrast to the year-ago figure of 1,496 .
The average prediction of analysts places 'ASP from closing' at $534.95 . Compared to the current estimate, the company reported $523.90 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'New orders, net of cancellations' of 1,029 . The estimate compares to the year-ago value of 1,029 .
The consensus estimate for 'Backlog units' stands at 1,126 . The estimate compares to the year-ago value of 1,482 .
It is projected by analysts that the 'Average active community count' will reach 171 . The estimate compares to the year-ago value of 153 .
The consensus among analysts is that 'Gross profit (loss)- Homebuilding' will reach $100.20 million. Compared to the present estimate, the company reported $134.91 million in the same quarter last year.
Over the past month, shares of Beazer have returned -0.1% versus the Zacks S&P 500 composite's +0.3% change. Currently, BZH carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Unveiling Beazer (BZH) Q4 Outlook: Wall Street Estimates for Key Metrics
The upcoming report from Beazer Homes (BZH - Free Report) is expected to reveal quarterly earnings of $0.80 per share, indicating a decline of 52.7% compared to the year-ago period. Analysts forecast revenues of $672.93 million, representing a decline of 16.5% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Beazer metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts forecast 'Revenue- Homebuilding' to reach $671.27 million. The estimate suggests a change of -14.4% year over year.
Analysts expect 'Total home closings' to come in at 1,255 . The estimate is in contrast to the year-ago figure of 1,496 .
The average prediction of analysts places 'ASP from closing' at $534.95 . Compared to the current estimate, the company reported $523.90 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'New orders, net of cancellations' of 1,029 . The estimate compares to the year-ago value of 1,029 .
The consensus estimate for 'Backlog units' stands at 1,126 . The estimate compares to the year-ago value of 1,482 .
It is projected by analysts that the 'Average active community count' will reach 171 . The estimate compares to the year-ago value of 153 .
The consensus among analysts is that 'Gross profit (loss)- Homebuilding' will reach $100.20 million. Compared to the present estimate, the company reported $134.91 million in the same quarter last year.
View all Key Company Metrics for Beazer here>>>Over the past month, shares of Beazer have returned -0.1% versus the Zacks S&P 500 composite's +0.3% change. Currently, BZH carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .