Hovnanian Enterprises (HOV) Tops Q3 EPS by 6c, Revenue Misses

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Hovnanian Enterprises Reports Fiscal 2018 Third Quarter Results

September 10, 2018 9:15 AM EDT

Gross Margin Percentage Increased Significantly Year Over YearContracts per Community Improved Year Over Year for 13th Consecutive QuarterConsolidated Lots Controlled Grew 20% Year-over-Year and 17% Sequentially

MATAWAN, N.J., Sept. 10, 2018 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal third quarter and nine months ended July 31, 2018.

We are pleased to report another quarter with year-over-year improvements in contracts per community, a significant increase in gross margin percentage and increases in... More