Beazer Homes reports Q1 EPS ($1.13), two estimates (50c)

Reports Q1 revenue $363.5M, consensus $423.2M. “Results for our first fiscal quarter of 2026 reflected persistent demand challenges and elevated incentives in the market,” said Allan P. Merrill, CEO. “However, with national builders slowing starts last year and lower mortgage rates, we are cautiously optimistic for the spring selling season. As we navigate an uncertain environment, we remain focused on driving sequential margin improvements through the remainder of fiscal 2026 through construction cost reductions, favorable mix impacts, and strong performance from our newest communities. We will also realign our land portfolio through selective asset sales and use a portion of the proceeds to accelerate highly accretive share repurchases.”