Hovnanian Enterprises (HOV) Reports Q3 EPS of $13.05

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Hovnanian Enterprises Reports Fiscal 2023 Fourth Quarter and Full Year Results

December 5, 2023 9:15 AM EST

$121 million of Quarterly Pretax Income Best in More Than 16 YearsNet Contracts per Community Increased 66% Year-Over-YearBook Value Rose 80% Year-Over-Year to $73 per ShareRefinanced Over $600 Million of Secured Debt, Extending Maturities Until the Fourth Quarters of 2028 and 2029, Including $114 Million of Bond Redemptions that Occurred after the Quarter EndTotal Liquidity Climbed to $564 Million, the Highest in More Than 14 YearsProvided Guidance for a Significant Year-Over-Year Profit Increase in the First Quarter

MATAWAN, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:... More