Brief: Hovnanian Enterprises Posts Q3 Revenue Of $767.6 Mln

Hovnanian Enterprises

01/09/2022 14:18

Sept 1 (Reuters) - Hovnanian Enterprises Inc  HOV.N :
    * HOVNANIAN ENTERPRISES REPORTS FISCAL 2022 THIRD QUARTER
RESULTS
    * HOVNANIAN ENTERPRISES INC - TOTAL REVENUES INCREASED 11.1%
TO
$767.6 MILLION IN Q3 OF FISCAL 2022
    * HOVNANIAN ENTERPRISES INC QTRLY NET INCOME $10.82 PER
DILUTED
COMMON SHARE
    * HOVNANIAN ENTERPRISES INC - SEES FY22 TOTAL REVENUES TO BE
BETWEEN $2.80 BILLION AND $3.00 BILLION
    * HOVNANIAN ENTERPRISES INC - DOLLAR VALUE OF CONSOLIDATED
CONTRACT BACKLOG, AS OF JULY 31, 2022, INCREASED 2.4% TO $1.79
BILLION
    * HOVNANIAN ENTERPRISES INC - SALE OF HOME REVENUES
INCREASED
11.1% TO $736.7 MILLION (1,412 HOMES) IN FISCAL 2022 Q3
    * HOVNANIAN ENTERPRISES INC - QTRLY EARNINGS PER SHARE
$10.82
    * HOVNANIAN ENTERPRISES - BELIEVE CONSUMERS TEMPORARILY
PAUSED
FINALIZING HOME BUYING DECISIONS UNTIL UNCERTAINTY ON ECONOMIC
CONDITIONS DISSIPATES

Source text for Eikon:  ID:nGNX2399Yl 
Further company coverage:  HOV.N 

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