Hovnanian Enterprises Inc. (HOV) Posts Q3 EPS of 25c; Deliveries Up 24.7%

September 6, 2012 9:24 AM EDT Send to a Friend
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Hovnanian Enterprises Inc. (NYSE: HOV) reported Q3 EPS of $0.25, $0.37 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $387 million versus the consensus estimate of $386.18 million.

Deliveries, including unconsolidated joint ventures, were 1,387 homes for the third quarter of fiscal 2012, up 24.7% compared with 1,112 homes in the third quarter of the prior year. During the nine months ended July 31, 2012, deliveries, including unconsolidated joint ventures, were 3,606 homes compared with 2,971 homes in the first nine months of last year, an increase of 21.4%.

For earnings history and earnings-related data on Hovnanian Enterprises Inc. (HOV) click here.


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