NYSE$BZH
Beazer Homes USA Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Beazer Homes reported strong second quarter results with growth in revenue, margin, and profitability, but the results were overshadowed by the effects of the COVID-19 pandemic.
Beazer Homes' Q2 2020 results showed significant improvement compared to the previous year, with a notable increase in net income, adjusted EBITDA, and homebuilding revenue. However, the company acknowledged the overshadowing effects of the COVID-19 pandemic in mid-March and the uncertainty it brings to future performance.
- Net income from continuing operations was $10.6 million, a significant improvement from the net loss of $100.8 million in the previous year.
- Adjusted EBITDA increased by 34.7% to $43.9 million.
- Homebuilding revenue rose by 15.9% to $488.0 million, driven by a 12.6% increase in home closings and a 2.9% increase in average selling price.
- The dollar value of backlog increased by 14.3% to $895.0 million.
Headline financials
Revenue & EPS history
Beazer Homes · Revenue · Quarterly
$489M
Revenue by segment
Beazer Homes · $489M total across 2 segments · Q2 2020
- Homebuilding Revenue$488M+15.9%99.7%
- Land Sales and Other$1.43M+353.0%0.3%
Forward guidance
Due to uncertainty surrounding this ongoing public health crisis and its continued impact on the U.S. economy, we cannot predict either the near-term or long-term effects that the pandemic will have on our business.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-0.6%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+3.1%
Avg return
30 days after
47%
30 / 64 earnings
Positive
+27.0%
Q2 2023
Best reaction
-20.0%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -3.9% | -12.4% | +17.0% | |
| Q1 2026 | -10.9% | +1.4% | +5.7% | |
| Q4 2025 | +1.7% | -7.4% | +5.5% | |
| Q2 2025 | +8.6% | +7.6% | +5.1% | |
| Q1 2025 | -20.0% | -20.9% | -19.5% | |
| Q4 2024 | +8.0% | +1.8% | -4.2% | |
| Q3 2024 | -15.1% | -18.9% | -7.1% | |
| Q2 2024 | -3.6% | +1.1% | +2.5% | |
| Q1 2024 | -6.1% | -8.3% | +1.5% | |
| Q4 2023 | -10.9% | -12.1% | +3.0% | |
| Q3 2023 | +26.6% | +23.1% | -1.6% | |
| Q2 2023 | +27.0% | +12.1% | +24.1% | |
| Q1 2023 | -7.1% | -5.7% | -6.5% | |
| Q4 2022 | +18.1% | +14.6% | +21.7% | |
| Q3 2022 | -3.7% | -6.7% | -4.3% | |
| Q2 2022 | +2.0% | +4.9% | +8.2% | |
| Q1 2022 | -3.1% | -1.9% | -10.5% | |
| Q4 2021 | +10.6% | +10.3% | +20.7% | |
| Q3 2021 | +4.5% | +0.9% | +8.6% | |
| Q2 2021 | +4.3% | +15.8% | +11.3% | |
| Q1 2021 | -10.2% | -4.1% | -4.5% | |
| Q4 2020 | +3.3% | +0.4% | +8.0% | |
| Q3 2020 | -1.7% | -1.6% | +11.0% | |
| Q2 2020 | -3.2% | -2.2% | +35.8% | |
| Q1 2020 | -17.2% | -22.4% | -26.2% | |
| Q4 2019 | +8.4% | +8.5% | +6.7% | |
| Q3 2019 | -2.4% | -3.7% | +6.9% | |
| Q2 2019 | -8.1% | -20.0% | -33.3% | |
| Q1 2019 | -2.7% | -11.2% | -9.8% | |
| Q4 2018 | +22.6% | +23.1% | +28.4% | |
| Q3 2018 | -5.0% | -3.5% | -4.7% | |
| Q2 2018 | +5.6% | +8.4% | -0.7% | |
| Q1 2018 | +0.4% | -12.4% | -5.9% | |
| Q4 2017 | +3.2% | -1.7% | -10.0% | |
| Q3 2017 | +13.1% | +16.5% | +12.4% | |
| Q2 2017 | +8.5% | +20.1% | +4.5% | |
| Q1 2017 | -6.8% | -6.4% | -14.1% | |
| Q4 2016 | +4.7% | +13.5% | +18.3% | |
| Q3 2016 | +4.1% | +1.0% | +15.6% | |
| Q2 2016 | -17.1% | — | — | |
| Q1 2016 | -17.7% | — | — | |
| Q4 2015 | +9.8% | — | — | |
| Q3 2015 | -10.4% | — | — | |
| Q2 2015 | +2.8% | — | — | |
| Q1 2015 | -16.7% | — | — | |
| Q4 2014 | -3.0% | — | — | |
| Q3 2014 | -6.0% | — | — | |
| Q2 2014 | +5.2% | — | — | |
| Q1 2014 | -2.0% | — | — | |
| Q4 2013 | +5.9% | — | — | |
| Q3 2013 | -1.0% | — | — | |
| Q2 2013 | +15.2% | — | — | |
| Q1 2013 | +2.7% | — | — | |
| Q4 2012 | -16.6% | — | — | |
| Q3 2012 | +5.6% | — | — | |
| Q2 2012 | -12.6% | — | — | |
| Q1 2010 | +13.6% | — | — | |
| Q1 2012 | +2.4% | — | — | |
| Q4 2011 | -2.7% | — | — | |
| Q3 2011 | -16.5% | — | — | |
| Q3 2010 | -16.5% | — | — | |
| Q2 2011 | -1.7% | — | — | |
| Q4 2010 | +7.4% | — | — | |
| Q2 2010 | -11.6% | — | — |
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