WASHINGTON (dpa-AFX) - Beazer Homes USA Inc. (BZH) revealed a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $52.1 million, or $1.69 per share. This compares with $55.8 million, or $1.80 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $1.35 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 24.9% to $806.2 million from $645.4 million last year.
Beazer Homes USA Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $52.1 Mln. vs. $55.8 Mln. last year. -EPS (Q4): $1.69 vs. $1.80 last year. -Revenue (Q4): $806.2 Mln vs. $645.4 Mln last year.
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