WASHINGTON (dpa-AFX) - Beazer Homes USA Inc. (BZH) revealed a profit for third quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $27.2 million, or $0.88 per share. This compares with $43.8 million, or $1.42 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.83 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.1% to $595.7 million from $572.5 million last year.
Beazer Homes USA Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $27.2 Mln. vs. $43.8 Mln. last year. -EPS (Q3): $0.88 vs. $1.42 last year. -Revenue (Q3): $595.7 Mln vs. $572.5 Mln last year.
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