secwatch.observer — SEC 8-K summary
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Issuer:     BEAZER HOMES USA INC (BZH)
CIK:        0000915840
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0000915840-22-000033
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beazer Homes FY2022 EPS $7.17, revenue $2.3B; Q4 orders down 34% amid rising mortgage rates
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- Net income from continuing operations $220.7M ($7.17 diluted EPS) vs $122.2M ($4.01) in FY2021.
- Homebuilding revenue $2.30B (+8.2% YoY); adjusted EBITDA $370.1M (+40.9% YoY).
- Q4 net new orders fell 34.1% to 704; cancellation rate surged to 32.8% from 11.7%.
- Controlled lots rose 14.5% to 25,170; retired $74.4M of debt, reducing total below $1.0B.
- New $265M senior unsecured revolver replaced prior secured facility; repurchased $5.6M shares in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915840/000091584022000033/0000915840-22-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915840/000091584022000033/bzh-20221110.htm
  HTML page:      https://secwatch.observer/filing/0000915840-22-000033

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