Hovnanian Enterprises (HOV) Reports Q2 EPS of $6.66, Offers Guidance

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Hovnanian Enterprises Reports Fiscal 2024 Second Quarter Results

May 22, 2024 9:15 AM EDT

Income Before Income Taxes Increased More Than 50% Year-Over-Year170 Basis Points Year-Over-Year Increase in Homebuilding Gross Margin PercentageNet Contracts per Community Increased Year-Over-Year to 13.9

MATAWAN, N.J., May 22, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal second quarter and six months ended April 30, 2024.

RESULTS FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED APRIL 30, 2024:

Total revenues were $708.4 million in the second quarter... More