Brief: Hovnanian Enterprises Q3 Loss Per Share $1.27

Hovnanian Enterprises

05/09/2019 14:19

Sept 5 (Reuters) - Hovnanian Enterprises Inc  HOV.N :
    * HOVNANIAN ENTERPRISES REPORTS FISCAL 2019 THIRD QUARTER
RESULTS
    * Q3 LOSS PER SHARE $1.27
    * Q3 REVENUE ROSE 5.5 PERCENT TO $482 MILLION
    * EXPECT OUR COMMUNITY COUNT TO INCREASE IN Q4 OF FISCAL
2019
    * EXPECT TO ACHIEVE PRETAX PROFITABILITY FOR FULL 2019
FISCAL YEAR
    * QTRLY HOMEBUILDING REVENUE FOR UNCONSOLIDATED JOINT
VENTURES WAS
$121.2 MILLION VERSUS $194.5 MILLION
    * HOVNANIAN ENTERPRISES - DOLLAR VALUE OF CONSOLIDATED
CONTRACT
BACKLOG, AS OF JULY 31, 2019 WAS $1.05 BILLION COMPARED WITH
$946.5 MILLION AS OF JULY 31, 2018
    * EXPECT COMMUNITY COUNT TO INCREASE IN Q4 OF FISCAL 2019

Source text for Eikon:  ID:nGNX5HJtT2 
Further company coverage:  HOV.N 

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