Beazer Homes Q3 Loss Narrows On Strong Home Closings - Update

Single-family homebuilder Beazer Homes USA Inc. reported Thursday a narrower third-quarter loss, helped by an increase in home closings and higher gross margins, in a challenging homebuilding environment that put pressure on prices. Third-quarter net loss narrowed to $27.82 million or $0.41 per share from prior year’s loss of $27.98 million or $0.72 per share.