Hovnanian Enterprises (HOV) Misses Q1 EPS by 13c

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Hovnanian Enterprises Reports Fiscal 2018 First Quarter Results

March 8, 2018 9:15 AM EST

Total Lots Controlled Increased Year Over Year for First Time in Two YearsEnhanced Capital Structure Through Over $500 Million of Financing Transactions

MATAWAN, N.J., March 08, 2018 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2018.

For the first time in two years, we increased the number of total lots we controlled, which should ultimately lead to community count, revenue and profit growth, stated Ara K. Hovnanian, Chairman of the Board, President and... More