Hovnanian Enterprises (HOV) Tops Q4 EPS by 10c, Revenue Misses
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Hovnanian Enterprises Reports Fiscal 2018 Results
December 6, 2018 9:15 AM ESTReported Fourth Quarter Net Income of $46 MillionExceeded or Met GuidanceConsolidated Lots Controlled Grew 20% Year-over-Year
MATAWAN, N.J., Dec. 06, 2018 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal fourth quarter and year ended October 31, 2018.
We are pleased to report solid performance in our fourth quarter. We exceeded or met our guidance for total revenues, gross margin, SG&A expense ratio and adjusted pretax profits, stated Ara K. Hovnanian, Chairman of the Board, President... More
