Beazer reports 2Q loss

MarketsAssociated Press

Beazer Homes USA Inc. (BZH) on Thursday reported a loss of $7.5 million in its fiscal second quarter.

The Atlanta-based company said it had a loss of 23 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 8 cents per share.

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The homebuilder posted revenue of $425.5 million in the period.

Beazer shares have fallen nearly 10 percent since the beginning of the year. The stock has increased 56 percent in the last 12 months.


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Keywords: Beazer Homes, Earnings Report