Hovnanian Enterprises Reports Fiscal 2015 Second Quarter Results

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JMP Securities Upgrades Hovnanian Enterprises (HOV) to Market Perform

June 10, 2015 6:39 AM EDT

JMP Securities upgraded Hovnanian Enterprises (NYSE: HOV) from Market Underperform to Market Perform.

For an analyst ratings summary and ratings history on Hovnanian Enterprises click here. For more ratings news on Hovnanian Enterprises click here.

Shares of Hovnanian Enterprises closed at $2.86 yesterday.

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Hovnanian Enterprises (HOV) Misses Q2 EPS by 8c

June 9, 2015 9:16 AM EDT

Hovnanian Enterprises (NYSE: HOV) reported Q2 EPS of ($0.13), $0.08 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $468.9 million versus the consensus estimate of $533.75 million.

Consolidated deliveries were 1,223 homes in the second quarter of fiscal 2015, a 1.0% decrease compared with 1,235... More