Beazer Homes has pretax charges
- Share via
Beazer Homes USA Inc., whose home closings have plunged amid turmoil in the housing industry, warned that it expected to record pretax charges of $230 million in its fiscal fourth quarter.
It also said it had cut jobs and was suspending its quarterly dividend to reduce costs.
The Atlanta-based home builder said it was unable to provide a full, audited report of its results for the quarter ended Sept. 30 but wanted to provide preliminary data to investors.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.