JMP Securities Upgrades Hovnanian Enterprises (HOV) to Market Perform

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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