UPDATE: Beazer Homes Posts Wider FQ4 Loss

Beazer Homes USA

reported a wider net loss in the fiscal fourth quarter. Beazer Homes posted a quarterly loss of $66.2 million, or $2.82 per share, versus a year-ago loss of $43.2 million, or $2.91 per share. Its loss from continuing operations came in at $2.57 per share. Its revenue rose to $370.9 million from $334.9 million. However, analysts were expecting a loss of $1.82 per share on revenue of $349.4 million. Beazer Homes shares closed at $16.64 on Friday.