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Homebuilders See Stable Housing Market Ahead

Analysts expected a loss of 36 cents on $207.8 million in revenue, according to FactSet.

Beazer shares added 8 cents, or 2.5 percent, to $3.25 during the regular session.

â¿¿ M/I Homes, based in Columbus, Ohio, lost $3 million, or 16 cents a share, compared with a loss of $11.1 million, or 60 cents a share, a year earlier. The latest results included $4.5 million in charges related to asset write downs.

Revenue climbed to $176.8 million from $165 million a year earlier.

Shares ended regular trading up 16 cents to $12.81.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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