- FQ4 adjusted EBITDA of $66M down 7.2% Y/Y; homebuilding revenue of $620M up 1.4%; 1,856 deliveries down 2.1%; ASP of $334K up 3.5%.
- Homebuilding gross margin after items of 20.8% down 50 basis points from a year ago.
- Net new orders up 15% Y/Y; cancellation rate of 20.4% down 380 basis points, and more in line with historical levels.
- Backlogs of 1,916 homes vs. 2,038 homes a year ago; dollar value of $652.7M down 2.2%.
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Conference call at 10 ET
- Previously: Beazer Homes EPS of -$0.03 (Nov. 15)
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BZH flat premarket