Hovnanian Enterprises (HOV) Reports Q1 EPS of $3.07, Offers Guidance

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Go back to Hovnanian Enterprises (HOV) Reports Q1 EPS of $3.07, Offers Guidance

Hovnanian Enterprises Reports Fiscal 2022 First Quarter Results

March 1, 2022 9:15 AM EST

81% Year-over-Year Increase in Pretax Profit Gross Margin Percentage Increased 260 Basis Points Year-over-YearInterest Expense as a Percent of Total Revenues Declined 240 Basis Points Year-Over-YearConsolidated Backlog Dollars Increased 13% to $1.89 Billion21% Increase in Consolidated Controlled Lots

MATAWAN, N.J., March 01, 2022 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2022.

RESULTS FOR THE FIRST QUARTER ENDED JANUARY 31, 2022:

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