Hovnanian Enterprises (HOV) Reports Q4 EPS of $7.24

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Hovnanian Enterprises Reports Fiscal 2022 Fourth Quarter and Full Year Results

December 8, 2022 9:15 AM EST

$320 Million Pretax Profit in Fiscal 2022 a 68% Year-over-Year IncreaseGross Margin Percentage Increased 290 Basis Points Year-over-Year for Full YearFull Year Interest Expense as Percent of Total Revenue Declined 130 Basis Points Year-over-Year

MATAWAN, N.J., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal fourth quarter and year ended October 31, 2022.

RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED OCTOBER 31, 2022:

Total revenues increased 8.9% to... More