Beazer Homes Expects March Quarter Earnings to Exceed Analysts' Estimates

Apr 04, 2001, 01:00 ET from Beazer Homes USA, Inc.

    ATLANTA, April 4 /PRNewswire/ -- Beazer Homes USA, Inc. (NYSE:   BZH)
 (www.beazer.com ) today announced that it expects earnings per share for the
 quarter ended March 31, 2001, the second quarter of its 2001 fiscal year, to
 exceed the high end of analysts' estimates.  Analysts who cover the Company's
 stock have published earnings estimates ranging from $1.47 to $1.61 per share
 for Beazer Homes' second quarter, with a consensus average of $1.55 per share.
 For the quarter ended March 31, 2000, the second quarter of its 2000 fiscal
 year, the Company reported earnings of $1.02 per share.
     Beazer Homes USA, Inc., based in Atlanta, Georgia, is one of the country's
 ten largest single-family homebuilders with operations in Arizona, California,
 Florida, Georgia, Maryland, Nevada, New Jersey, North Carolina, Pennsylvania,
 South Carolina, Tennessee, Texas, and Virginia.  Beazer Homes also provides
 mortgage origination, title and insurance services to its homebuyers.
     Certain statements in this Press Release are "forward-looking statements"
 within the meaning of the Private Securities Litigation Reform Act of 1995.
 Such statements involve known and unknown risks, uncertainties and other
 factors that may cause actual results to differ materially.  Such risks,
 uncertainties and other factors include, but are not limited to, changes in
 general economic conditions, fluctuations in interest rates, increases in raw
 materials and labor costs, increased levels of competition, potential delays
 or increased costs in obtaining necessary permits as a result of changes to
 laws, regulations, or governmental policies and other factors described in the
 Company's Annual Report on Form 10-K for the year ended September 30, 2000.
 
 

SOURCE Beazer Homes USA, Inc.
    ATLANTA, April 4 /PRNewswire/ -- Beazer Homes USA, Inc. (NYSE:   BZH)
 (www.beazer.com ) today announced that it expects earnings per share for the
 quarter ended March 31, 2001, the second quarter of its 2001 fiscal year, to
 exceed the high end of analysts' estimates.  Analysts who cover the Company's
 stock have published earnings estimates ranging from $1.47 to $1.61 per share
 for Beazer Homes' second quarter, with a consensus average of $1.55 per share.
 For the quarter ended March 31, 2000, the second quarter of its 2000 fiscal
 year, the Company reported earnings of $1.02 per share.
     Beazer Homes USA, Inc., based in Atlanta, Georgia, is one of the country's
 ten largest single-family homebuilders with operations in Arizona, California,
 Florida, Georgia, Maryland, Nevada, New Jersey, North Carolina, Pennsylvania,
 South Carolina, Tennessee, Texas, and Virginia.  Beazer Homes also provides
 mortgage origination, title and insurance services to its homebuyers.
     Certain statements in this Press Release are "forward-looking statements"
 within the meaning of the Private Securities Litigation Reform Act of 1995.
 Such statements involve known and unknown risks, uncertainties and other
 factors that may cause actual results to differ materially.  Such risks,
 uncertainties and other factors include, but are not limited to, changes in
 general economic conditions, fluctuations in interest rates, increases in raw
 materials and labor costs, increased levels of competition, potential delays
 or increased costs in obtaining necessary permits as a result of changes to
 laws, regulations, or governmental policies and other factors described in the
 Company's Annual Report on Form 10-K for the year ended September 30, 2000.
 
 SOURCE  Beazer Homes USA, Inc.