Hovnanian Enterprises Reports Fiscal 2014 Second Quarter Results

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Hovnanian Enterprises Inc. (HOV) Posts Q2 Loss of 5c/Share

June 4, 2014 9:17 AM EDT

Hovnanian Enterprises Inc. (NYSE: HOV) reported Q2 EPS of ($0.05), $0.08 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $449.9 million versus the consensus estimate of $476.72 million.

Deliveries, including unconsolidated joint ventures, were 1,331 homes in the fiscal 2014 second quarter, a 6.5%... More