Hovnanian Enterprises (HOV) Reports Q4 EPS of $2.91

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Hovnanian Enterprises Reports Fiscal 2024 First Quarter Results

February 22, 2024 9:15 AM EST

Net Contracts per Community Increased 48% Year-Over-YearIncome Before Income Taxes Increased 80% Year-Over-Year$230 Million was the Highest Quarterly Land and Land Development Spend in 57 Quarters15% Year-Over-Year Growth in Total Revenues

MATAWAN, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2024.

RESULTS FOR THE THREE-MONTHS ENDED JANUARY 31, 2024:

Total revenues increased 15.3% to $594.2 million (including 1,063 deliveries) in the first quarter... More