WASHINGTON (dpa-AFX) - Beazer Homes USA Inc. (BZH) announced a profit for its fourth quarter that rose from the same period last year.
The company's bottom line came in at $48.36 million, or $1.57 per share. This compares with $23.68 million, or $0.79 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 14.0% to $590.94 million from $686.75 million last year.
Beazer Homes USA Inc. earnings at a glance:
-Earnings (Q4): $48.36 Mln. vs. $23.68 Mln. last year. -EPS (Q4): $1.57 vs. $0.79 last year. -Analysts Estimate: $0.82 -Revenue (Q4): $590.94 Mln vs. $686.75 Mln last year.
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