vary from 5.99% to 34.99% APR for terms ranging from 3 to 48 months, depending on a consumer's creditworthiness. The fintech firm has been on the upswing, more than quadrupling in value so far this year. The stock has a market cap of roughly $500 million and a P/E ratio approaching 40. Sezzle is growing at a robust pace, and the Q1 2024 earnings report highlights the company's acceleration. Large-cap stocks regularly capture headlines. These corporations have delivered exceptional returns for many years and ...

Beazer Homes (BZH) shares soared 5.1% in the last trading session to close at $30.76. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.7% gain over the past four weeks. Beazer Homes has been benefiting from healthy demand characterized by sustained low levels of resale inventory and favorable demographic trends. Also, BZH's three strategic pillars and long-term strategic business objectives bode well. This homebuilder is expecte ...

Kirpal Kooner Nearly two years ago, in July of 2022, I wrote an article discussing the investment worthiness of homebuilder Beazer Homes USA (NYSE:BZH). At that time, I acknowledged that investors were right to be wary of the housing market. Rising interest rates and high inflation do not bode well for housing demand. But even in spite of that, shares of the company looked attractively priced, so much so that I could not help but to rate the company a 'buy'. This was in spite of the fact that the firm was a ...

Beazer Homes USA, Inc. (NYSE:BZH), the homebuilder based in the United States, has reported three quarters worth of financials after my previous article on the stock. The performance has mainly continued to perform in line with my prior expectations. In the previous article, titled "Beazer Homes: Better Resilience Than I Expected", I upgraded my rating on Beazer Homes into Buy as the company demonstrated better earnings resilience than I previously anticipated, making the valuation attractive. Since the art ...

Lake City, Colo., June 13, 2024 (GLOBE NEWSWIRE) -- The VISION House® Las Vegas project will provide a behind-the-scenes look at how Beazer Homes is meeting its industry-leading commitment to deliver 100% U.S. DOE Zero Energy Ready Homes by the end of 2025. The project will be built in the 61-unit Aria Crossing Neighborhood at Cadence in Las Vegas and will be open for tours during Design & Construction Week in February 2025. The project will feature one baseline model, one upgrade model, and one "deconstruc ...

财务数据和关键指标变化 - 第二季度新订单量同比增长10%,达到1,299套,主要由于平均活跃社区数量增加14% [23] - 第二季度交付1,044套房屋,营收5.39亿美元,平均销售价格约51.6万美元 [23] - 不含利息摊销、减值和放弃的毛利率为21.7% [24] - 销售、一般及管理费用占总收入的11.5% [24] - 调整后EBITDA为5,880万美元 [25] - 利息摊销占营收的3.0%,税率为14.7%,净利润3,920万美元,每股1.26美元 [25] 各条业务线数据和关键指标变化 - 公司没有具体披露各业务线的数据和指标变化 [无] 各个市场数据和关键指标变化 - 东南部地区新订单同比下降30%,主要是由于该地区社区数量较小,公司没有大规模的现房销售计划 [86][87] - 其他地区的销售节奏与公司整体平均水平基本一致 [94] 公司战略和发展方向及行业竞争 - 公司正在加快向"零能耗就绪"系列房屋的转型,这些房屋的毛利率高于之前的系列产品 [16][61][62][63][64][65][66][67] - 公司计划在2025年底前实现100%的"零能耗就绪"房屋,并有望提前实现这一目标 [19][21] - 公司看好未来几年房地产行业的多年增长周期,认为供需因素都有利于新房建设 [12][13] 管理层对经营环境和未来前景的评论 - 第三季度公司预计销售节奏仍将保持在每社区每月3套以上,并将以约150个社区结束第三季度 [26] - 第三季度毛利率预计约20%,主要受到加快清理老系列产品的影响,但第四季度将有所回升 [26][27][28] - 全年公司预计交付4,750套以上房屋,平均销售价格约51万美元,毛利率将超过21% [29][30] - 2025财年公司预计收入和毛利率将大幅提升,主要受益于社区数量增长和产品结构改善 [31][32] 问答环节重要的提问和回答 问题1 **Julio Romero 提问** 对于第三季度的毛利率影响,能否进一步区分加快清理老系列产品和更多现房销售的具体影响比重? [44][45][46][47] **Allan Merrill 回答** 加快清理老系列产品的影响占主要部分,约超过一半,现房销售占较小部分 [45][46] 问题2 **Alex Barron 提问** 公司是否考虑启动股票回购计划,结合目前股价与账面价值的较大折价? [80][81][82] **Allan Merrill 和 David Goldberg 回答** 公司有4,100万美元的未使用回购额度,考虑到当前股价与未来账面价值的折价,股票回购是一个较为吸引的资本配置方式,公司将在本季度开始执行回购计划 [81][82] 问题3 **Jay McCanless 提问** 公司新系列产品的毛利率水平与前期产品相比如何? [97][98][99][100][101][102] **David Goldberg 回答** 新系列产品的毛利率将高于2024财年,因为这些产品有更高的定价能力,同时公司也在努力降低建造成本 [101][102]

营收情况 - Beazer Homes (BZH) 2024年第一季度营收为5.4154亿美元，同比下降0.4% [1] - 公司的营收与Zacks Consensus Estimate的5.7207亿美元相比，出现了-5.34%的惊喜 [2] - 住宅建筑收入为5.3864亿美元，低于两位分析师平均估计的5.6932亿美元 [9] 每股收益情况 - 每股收益为1.26美元，较去年同期的1.13美元有所增长 [1] - 每股收益的惊喜为+38.46%，而共识每股收益估计为0.91美元 [2] 订单和交割情况 - 总房屋交割量为1,044，低于两位分析师平均估计的1,105 [5] - 新房订单净额为1,299，高于两位分析师平均估计的1,288 [6] - 继续经营的未完成订单单位数为2,046，高于两位分析师平均估计的1,974 [7] 毛利情况 - 住宅建筑的毛利为1.0077亿美元，高于两位分析师平均估计的1.0021亿美元 [10] - 土地销售和其他的毛利为1.08百万美元，低于两位分析师平均估计的1.20百万美元 [11] 股票表现 - Beazer股票过去一个月的回报率为-10.8%，而Zacks S&P 500综合指数的变化为-4.1% [12]

Beazer Homes (BZH) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.46%. A quarter ago, it was expected that this homebuilder would post earnings of $0.71 per share when it actually produced earnings of $0.70, delivering a surprise of -1.41%.Over the last four quarters, the company ...

Non-GAAP Homebuilding Gross Margin | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------|-------|----------------------------|------------------------------|-------|------------------------------------------|-------|-------|-------------------------------------------------------------------------|--------------------------------------------|-------|------------------------------------------|--------|----------------------------------------- ...

36 (a) Includes amortization of capitalized interest, capitalization and amortization of indirect costs, impairment of capitalized interest and capitalized indirect costs, when applicable, expenses related to numerous shared services functions that benefit all segments but are not allocated to the operating segments reported above, including information technology, treasury, corporate finance, legal, branding and national marketing, and certain other amounts that are not allocated to our operating segments. ...