Hovnanian (HOV) Slumps as One-Time Items Hit Q4 Results; Sees Sector Recovery Ahead
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Go back to Hovnanian (HOV) Slumps as One-Time Items Hit Q4 Results; Sees Sector Recovery Ahead
December 14, 2012 12:38 PM EST
Yesterday Hovnanian Enterprises Inc. (NYSE: HOV) reported Q4 earnings that most viewed as better than expected. However, caution comments by its CEO created worry among some investors and shares traded lower.
Commenting on developments, MKM analyst Megan McGrath said, "we believe that management's somewhat... More
December 13, 2012 1:25 PM EST
Goldman Sachs is out with a few observations on Hovnanian Enterprises (NYSE: HOV) following its fourth-quarter report, which was released earlier in the session. For a refresher,... More
December 13, 2012 9:19 AM EST
Hovnanian Enterprises Inc. (NYSE: HOV) reported Q4 GAAP loss of ($0.59), which may not compare with the analyst estimate of ($0.06). Revenue for the quarter came in at $487 million versus the consensus estimate of $461.11 million.
* Deliveries, including unconsolidated joint ventures, were 1,750 homes during the fourth... More
