UPDATE: Beazer Homes Posts Wider FQ4 Loss
Beazer Homes USA (NYSE: BZH) 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.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.