Hovnanian (HOV) Valuation Stretched, 'Pare Positions' - Analyst
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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 11:45 AM EST
Hovnanian Enterprises, Inc. (NYSE: HOV) shares are down on the session following fourth-quarter results issued earlier in the session.
The home builder said revs rose 42.6 percent to $487 million in the latest quarter, while its net loss narrowed to $84.4 million, or 59 cents per share.... 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
