Beazer Homes USA, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2022
January 27, 2022 at 05:00 pm EST
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Beazer Homes USA, Inc. provided earnings guidance for the second quarter and full year 2022. For the quarter, the company expects average monthly sales pace in the low-3s as the company manage the current production environment with a focus on profitability. The company also expect earnings per share to be up double-digits versus the same period last year.
For the full year, the company expects to exceed $5 in earnings.
Beazer Homes USA, Inc. is a geographically diversified homebuilder. The Company operates through three segments: West, East and Southeast. Its West segment includes Arizona, California, Nevada, and Texas. Its East segment includes Indiana, Maryland/Delaware, Tennessee, and Virginia. Its Southeast segment includes Florida, Georgia, North Carolina, and South Carolina. It uses its digital and traditional marketing vehicles and other promotional activities, including its Website www.beazer.com, real estate listing sites, digital advertising, including search engine marketing and display advertising, social media, video, brochures, direct marketing, and out-of-home advertising, including billboards and signage located in the areas of its developments, as well as additional activities. The Company has operations in approximately 13 states within three geographic regions in the United States. The Company has maintained and owned approximately 242 model homes.