ATLANTA (AP) – Beazer Homes USA Inc. on Tuesday reported a fiscal fourth-quarter loss of $854,000, after reporting a profit in the same period a year earlier.
The Atlanta-based company said it had a loss of 3 cents per share. Earnings, adjusted to extinguish debt and for non-recurring costs, came to 33 cents per share.
The homebuilder posted revenue of $632.1 million in the period.
For the year, the company reported profit of $4.7 million, or 15 cents per share. Revenue was reported as $1.82 billion.
Beazer shares have increased almost 3 percent since the beginning of the year. The stock has decreased 16 percent in the last 12 months.
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Keywords: Beazer Homes, Earnings Report