Hovnanian Enterprises Inc expected to post earnings of $2.71 a share - Earnings Preview

Hovnanian Enterprises

21/02/2025 13:33

* Hovnanian Enterprises Inc  HOV.N   HOV  is expected
to report
resultson February 24 for the period ending January 31 2025
    * The Matawan New Jersey-based  company is expected to
report
revenue of $705.8 million, according to the estimate from one
analyst, based on LSEG data.The company's guidance on December 5
2024, for the period ended January 31, was for revenue between
$650.00 million and $750.00 million.
    * ​LSEG's mean analyst estimate for Hovnanian Enterprises
Inc is
for earnings of $2.71 per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The average consensus recommendation for the homebuilding
peer
group is also "Hold".​
    * Wall Street's median 12-month price target for Hovnanian
Enterprises Inc is $155.00​, above​ its last closing price
of $126.96. ​​​

The company's guidance on December 5 2024 for the period ended
January 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD650 million and USD65 million.The
company's guidance on December 5 2024 for the period ended
January 31 was for gross profit margin between USD17.5% and
USD18.5%.
This summary was machine generated February 21 at 13:33 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)