Earnings Call Summary | Beazer Homes USA(BZH.US) Q2 2024 Earnings Conference
Earnings Call Summary | Beazer Homes USA(BZH.US) Q2 2024 Earnings Conference
The following is a summary of the Beazer Homes USA, Inc. (BZH) Q2 2024 Earnings Call Transcript:
以下是Beazer Homes USA, Inc.（BZH）2024年第二季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Beazer Homes reported a 10% rise in new orders compared to the previous year, indicating robust sales performance.
The company maintained a count of 145 active communities, a significant growth from 136 at year-end and 121 from a year ago.
With better than expected gross margins and efficient overhead management, the company reported an EBITDA of over $58 million.
The company ended the quarter with a liquidity of $433 million, preparing for future expansion.
Beazer Homes achieved a Net income of $39.2 million or $1.26 per share.
Beazer Homes报告称，与去年相比，新订单增长了10％，这表明销售业绩强劲。
该公司维持了145个活跃社区，较年底的136个和去年同期的121个显著增长。
该公司报告的息税折旧摊销前利润超过5800万美元，毛利率好于预期，管理费用高于预期。
该公司在本季度末的流动性为4.33亿美元，为未来的扩张做准备。
Beazer Homes实现了3,920万美元的净收益，合每股收益1.26美元。
Business Progress:
业务进展：
Over 75% of the company's starts transitioned to Zero Energy Ready homes in the last quarter, showing substantial progress in sustainable housing.
Despite slightly higher mortgage rates, the company surpassed their sales targets.
The company accelerated the transition to their 'READY Series' by quickly closing out older communities.
They plan to reach 200 active communities and maintain a net debt to net cap ratio below 30% by FY 2026.
Measures for effective capital utilization, including investments and share repurchases, are being considered.
Despite challenging conditions in the Southeast and East, sales pace was maintained and gross margins are expected to exceed 20% in Q4.
The company is focusing on 'READY PLUS Homes' which offer greater value for buyers and community growth.
Their operational strategy includes optimizing every community, transitioning to READY, and launch all new ones as READY.
Expectations are set for improved cycle times and warranty conditions, steady community count increase, and potential share buybacks.
上个季度，该公司超过75％的开工量过渡到零能耗就绪型住宅，这表明在可持续住房方面取得了实质性进展。
尽管抵押贷款利率略高，但该公司仍超过了销售目标。
该公司迅速关闭了老社区，加快了向 “READY 系列” 的过渡。
他们计划到2026财年覆盖200个活跃社区，并将净负债与净资本的比率保持在30％以下。
正在考虑采取有效利用资本的措施，包括投资和股票回购。
尽管东南部和东部条件艰难，但销售步伐得以维持，预计第四季度毛利率将超过20％。
该公司专注于为买家和社区发展提供更大价值的 “READY PLUS Homes”。
他们的运营策略包括优化每个社区，过渡到 READY，以及将所有新社区作为 READY 启动。
人们对周期时间和保修条件的改善、社区数量的稳步增加以及潜在的股票回购设定了预期。
More details: Beazer Homes USA IR
更多详情： Beazer Homes 美国 IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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