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OFFON

HOVNANIAN ENTERPRISES, INC.

(HOV)
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Hovnanian: Fiscal Q3 Earnings Snapshot

09/09/2021 | 09:43am EDT

MATAWAN, N.J. (AP) _ Hovnanian Enterprises Inc. (HOV) on Thursday reported fiscal third-quarter earnings of $47.7 million.

On a per-share basis, the Matawan, New Jersey-based company said it had profit of $6.72.

The homebuilder posted revenue of $690.7 million in the period.

For the current quarter ending in October, Hovnanian said it expects revenue in the range of $830 million to $880 million.

The company expects full-year revenue in the range of $2.8 billion to $2.85 billion.

Hovnanian shares have nearly tripled since the beginning of the year. The stock has more than tripled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HOV at https://www.zacks.com/ap/HOV

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Financials (USD)
Sales 2020 2 344 M - -
Net income 2020 50,9 M - -
Net Debt 2020 1 412 M - -
P/E ratio 2020 4,52x
Yield 2020 -
Capitalization 499 M 499 M -
EV / Sales 2019 0,91x
EV / Sales 2020 0,68x
Nbr of Employees 1 697
Free-Float 69,8%
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Managers and Directors
Ara K. Hovnanian Chairman, President & Chief Executive Officer
J. Larry Sorsby Chief Financial Officer, Director & Executive VP
Paul Marabella Chief Information Officer & Vice President
Edward A. Kangas Independent Director
Robert B. Coutts Independent Director
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