Beazer Homes USA (NYSE: BZH) saw its stock price plummet 6.43% in a 24-hour period following the release of its fiscal third-quarter earnings report for 2025. The homebuilder reported disappointing results that fell significantly short of analyst expectations, raising concerns about the company's performance in a challenging housing market.

For the quarter ended June 30, 2025, Beazer Homes reported a net loss of $0.01 per share, a stark contrast to the FactSet consensus estimate of $0.42 earnings per share. This represents a significant decline from the $0.88 per share earned in the same period last year. The company's revenue also disappointed, coming in at $545.4 million, missing the analyst consensus estimate of $559 million and marking an 8.45% decrease from the previous year.

The poor performance was attributed to several factors, including a 9.2% decline in homebuilding revenue, which totaled $535.4 million. The company experienced an 11.3% drop in home closings, with only 1,035 units completed during the quarter. Although the average selling price increased by 2.4% to $517,300, it wasn't enough to offset the lower volume. Beazer Homes also reported inventory impairment and abandonment charges of $10.3 million, which further impacted its bottom line. The weak sales pace, particularly in Texas markets, contributed to the overall underperformance. Despite these challenges, the company remains focused on its long-term goals, including reaching 200 active communities by fiscal 2027 and improving its financial metrics. However, investors appear skeptical about the company's near-term prospects, as reflected in the sharp stock price decline following the earnings release.