Beazer Homes USA (BZH) gains despite Q1 net loss
Beazer Homes USA, Inc. (NYSE: BZH) shares gained 1% to $15.79. The company reported a first-quarter net loss of $20.4 million or $0.84 per share, compared to net income of $739,000 or $0.04 per share for the year-ago quarter. Total revenue for the first quarter rose to $246.90 million from $188.55 million a year ago. Analysts expected the company to report a loss of $1.00 per share on revenue of $259.74 million for the first quarter. Share volume was 34,000, compared to an all-day average of 207,000
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