Hovnanian Enterprises (HOV) Reports Q2 EPS of $0.60

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Hovnanian Enterprises Reports Fiscal 2020 Second Quarter Results

June 4, 2020 9:15 AM EDT

22% Year-over-Year Increase in Total Revenues120 Basis Point Year-over-Year Improvement in Gross Margin PercentageConsolidated Contracts per Community Grew 8% Year-over-Year

MATAWAN, N.J., June 04, 2020 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal second quarter and six-month period ended April 30, 2020.

RESULTS FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED APRIL 30, 2020:

Total revenues increased 22.2% to $538.4 million in the second quarter of fiscal 2020, compared with... More