secwatch.observer — SEC 8-K summary
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Issuer:     BEAZER HOMES USA INC (BZH)
CIK:        0000915840
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0000915840-21-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beazer Homes FY2021 net income doubles to $122M; Q4 orders drop 46.8%; guides FY2022 EPS above $5
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- Full-year diluted EPS $4.01 vs $1.78; net income from continuing ops $122.2M vs $53.3M.
- Adjusted EBITDA $262.7M, up 28.5%; homebuilding gross margin (ex-I&A and interest) 23.0%, up 200 bps.
- Net new orders 5,564, down 11.6%; backlog value $1.28B, up 29% with ASP $460.9K.
- Q4 net new orders 1,069, down 46.8% as community count fell 21.6% and sales pace moderated.
- Management expects FY2022 EPS above $5.00 and total debt below $1B; debt repurchases $80.7M in FY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915840/000091584021000054/0000915840-21-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915840/000091584021000054/bzh-20211110.htm
  HTML page:      https://secwatch.observer/filing/0000915840-21-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer