Beazer Homes Sales Momentum Lost Steam in November, December -- Market Talk

Dow Jones

Jan 31, 2025

1040 ET - Beazer Homes USA's latest results stand in contrast to other home builders who've outperformed Wall Street's expectations. The Atlanta home builder missed on its sales and closings guidance in fiscal 1Q. CEO Allan Merrill on an earnings call says strength in October waned in November and weakened further in December. "As a result, we sold fewer homes and had to spend more on incentives for the sales we made," he adds. Merrill notes that the most challenging markets were in Texas and Florida, where higher inventory levels led to sluggish sales and more aggressive incentives. Shares decline 14% to $23.76 after 1Q earnings missed estimates, on pace for its largest percentage decline since June 2022. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

January 31, 2025 10:40 ET (15:40 GMT)

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The Atlanta home builder missed on its sales and closings guidance in fiscal 1Q. CEO Allan Merrill on an earnings call says strength in October waned in November and weakened further in December. \"As a result, we sold fewer homes and had to spend more on incentives for the sales we made,\" he adds. Merrill notes that the most challenging markets were in Texas and Florida, where higher inventory levels led to sluggish sales and more aggressive incentives. Shares decline 14% to $23.76 after 1Q earnings missed estimates, on pace for its largest percentage decline since June 2022. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 31, 2025 10:40 ET (15:40 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beazer Homes Sales Momentum Lost Steam in November, December -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeazer Homes Sales Momentum Lost Steam in November, December -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-31 23:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1040 ET - Beazer Homes USA's latest results stand in contrast to other home builders who've outperformed Wall Street's expectations. The Atlanta home builder missed on its sales and closings guidance in fiscal 1Q. CEO Allan Merrill on an earnings call says strength in October waned in November and weakened further in December. \"As a result, we sold fewer homes and had to spend more on incentives for the sales we made,\" he adds. Merrill notes that the most challenging markets were in Texas and Florida, where higher inventory levels led to sluggish sales and more aggressive incentives. Shares decline 14% to $23.76 after 1Q earnings missed estimates, on pace for its largest percentage decline since June 2022. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 31, 2025 10:40 ET (15:40 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BZH","symbol_name":"贝哲房屋","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2507645329","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507645329","pubTimestamp":1738338000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1040 ET - Beazer Homes USA's latest results stand in contrast to other home builders who've outperformed Wall Street's expectations. The Atlanta home builder missed on its sales and closings guidance in fiscal 1Q. CEO Allan Merrill on an earnings call says strength in October waned in November and weakened further in December. \"As a result, we sold fewer homes and had to spend more on incentives for the sales we made,\" he adds. Merrill notes that the most challenging markets were in Texas and Florida, where higher inventory levels led to sluggish sales and more aggressive incentives. Shares decline 14% to $23.76 after 1Q earnings missed estimates, on pace for its largest percentage decline since June 2022. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"BZH":"贝哲房屋"},"translate_title":"Beazer房屋销售势头在11月和12月失去动力——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BZH":0.9},"content_text":"1040 ET - Beazer Homes USA's latest results stand in contrast to other home builders who've outperformed Wall Street's expectations. The Atlanta home builder missed on its sales and closings guidance in fiscal 1Q. CEO Allan Merrill on an earnings call says strength in October waned in November and weakened further in December. \"As a result, we sold fewer homes and had to spend more on incentives for the sales we made,\" he adds. Merrill notes that the most challenging markets were in Texas and Florida, where higher inventory levels led to sluggish sales and more aggressive incentives. Shares decline 14% to $23.76 after 1Q earnings missed estimates, on pace for its largest percentage decline since June 2022. (denny.jacob@wsj.com; @pennedbyden) \n\n\n  (END) Dow Jones Newswires\n\n\n  January 31, 2025 10:40 ET (15:40 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}