Beazer Homes USA Inc. Reveals Retreat In Q3 Profit

(RTTNews) - Beazer Homes USA Inc. (BZH) reported earnings for third quarter that declined from the same period last year.

The company's profit totaled $11.6 million, or $0.38 per share. This compares with $13.4 million, or $0.41 per share, in last year's third quarter.

Analysts had expected the company to earn $0.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.6% to $482.74 million from $511.52 million last year.

Beazer Homes USA Inc. earnings at a glance:

-Earnings (Q3): $11.6 Mln. vs. $13.4 Mln. last year. -EPS (Q3): $0.38 vs. $0.41 last year. -Analysts Estimate: $0.13 -Revenue (Q3): $482.74 Mln vs. $511.52 Mln last year.