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Beazer: Fiscal Q3 Earnings Snapshot
July 29, 2021
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ATLANTA (AP) Beazer Homes USA Inc. (BZH) on Thursday reported fiscal third-quarter net income of $37.1 million.
On a per-share basis, the Atlanta-based company said it had profit of $1.22. Earnings, adjusted to extinguish debt and for asset impairment costs, came to $1.26 per share.
The homebuilder posted revenue of $570.9 million in the period.
Beazer shares have climbed 22% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.41, an increase of 62% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BZH at https://www.zacks.com/ap/BZH
Operator
Good afternoon, and welcome to the Beazer Earnings Conference Call for the Quarter Ended June 30, 2021. [Operators Instructions]. At this point, I ll turn the call over to David Goldberg, Senior Vice President and Chief Financial Officer. Thank you, sir. You may begin.
David Goldberg
Senior Vice President, Chief Financial Officer, Vice President of Investor Relations & Treasurer
Thank you. Good afternoon, and welcome to the Beazer Homes conference call discussing our results for the third quarter of fiscal 21. Before we begin, you should be aware that during this call, we will be making forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors described in our SEC filings, which may cause actual results to differ materially from our projections. Any forward-looking statement speaks only as of the date the statement is made. We do not undertake any obligation to update or revise any forward-looking statements, whether
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National News
Indexes inch higher on Wall Street, preserving weekly gains
Stocks eked out modest gains on Wall Street Thursday, extending the market s winning streak into a third day and keeping the major indexes on pace to end the week higher.
by Associated Press
Jul. 22 2021 @ 5:06pm
Stocks eked out modest gains on Wall Street Thursday, extending the market s winning streak into a third day and keeping the major indexes on pace to end the week higher.
The S&P 500 shrugged off a midday slide and rose 0.2%. Banks, energy companies and industrial stocks weighed on the benchmark index, though solid gains by Apple, Microsoft and other big technology stocks helped nudge the index up.