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0 0 0 0 0.00506540985772808 0.00621063295599699 0.00621063295599699 0.00621063295599699
Stock impact report

Hovnanian (HOV) Q3 Earnings Rise Y/Y, '24 Revenue View Hikes [Yahoo! Finance]

Hovnanian Enterprises, Inc. Class A (HOV) 
US:NYSE Investor Relations: khov.com/investor-relations
Company Research Source: Yahoo! Finance
The company demonstrated resilience with notable improvements in key financial metrics, driven by strategic investments and a focus on expanding its community footprint. Hovnanian Enterprises Inc Price, Consensus and EPS Surprise Hovnanian Enterprises Inc price-consensus-eps-surprise-chart | Hovnanian Enterprises Inc Quote Q3 Results Hovnanian's earnings per share (EPS) rose 32% to $9.75 in third-quarter fiscal 2024 from $7.38 in the prior-year quarter. Robust earnings growth was primarily fueled by a significant 11.2% increase in total revenues to $722.7 million from $650 million in third-quarter fiscal 2023. Strong quarterly earnings were driven by an increase in home sales revenues. The number of homes delivered also increased 4.8% year over year, underscoring the company's ability to scale its operations effectively. Gross Margin HOV's gross margin for homebuilding, excluding interest expenses and land charges, slightly contracted to 22.1% from 23.2% in the prior-y Show less Read more
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