Hovnanian Enterprises (HOV) Misses Q1 EPS by 2c

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Hovnanian Enterprises Reports Fiscal 2019 First Quarter Results

March 7, 2019 9:15 AM EST

11% Sequential Increase in Consolidated Community CountConsolidated Lots Controlled Grew 11% Year-over-YearFebruary Net Contracts Rebound to Above Last Years Strong Levels

MATAWAN, N.J., March 07, 2019 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2019.

Our first quarter results were in line with our expectations. During the quarter, when compared to the prior year, we increased our consolidated land position, grew our earnings from unconsolidated joint ventures and... More