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Hovnanian: Fiscal Q2 Earnings Snapshot

Hovnanian: Fiscal Q2 Earnings Snapshot

By Ap News
Published - May 22, 2024, 09:30 AM ET
Last Updated - May 27, 2024, 12:27 AM EDT

MATAWAN, N.J. (AP) — MATAWAN, N.J. (AP) — Hovnanian Enterprises Inc. (HOV) on Wednesday reported earnings of $50.8 million in its fiscal second quarter.

On a per-share basis, the Matawan, New Jersey-based company said it had net income of $6.66.

The homebuilder posted revenue of $708.4 million in the period.

Hovnanian expects full-year earnings to be $25 to $29 per share, with revenue in the range of $2.75 billion to $3 billion.

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