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Beazer: Fiscal 4Q Earnings Snapshot

ATLANTA (AP) _ Beazer Homes USA Inc. (BZH) on Tuesday reported fiscal fourth-quarter earnings of $60.6 million.

The Atlanta-based company said it had net income of $1.84 per share. Earnings, adjusted for non-recurring gains and to account for discontinued operations, were $1.15 per share.

The homebuilder posted revenue of $767.9 million in the period.

For the year, the company reported a loss of $45.4 million, or $1.41 per share, swinging to a loss in the period. Revenue was reported as $2.11 billion.

Beazer shares have dropped 57 percent since the beginning of the year. The stock has dropped 59 percent 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