Hovnanian Enterprises (HOV) Reports Q1 EPS of $2.26

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Hovnanian Enterprises Reports Fiscal 2023 First Quarter Results

February 28, 2023 9:16 AM EST

Gross Margins for the Quarter for Both Deliveries and Recent Contracts Remains StrongNet Contracts per Community Increased from 1.5 in November to 3.0 in January and Accelerated Further in February

MATAWAN, N.J., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2023.

RESULTS FOR THE FIRST QUARTER ENDED JANUARY 31, 2023:

Total revenues declined 8.8% to $515.4 million in the first quarter of fiscal 2023, compared... More