Hovnanian Enterprises Inc reports results for the quarter ended January 31 - Earnings Summary

Hovnanian Enterprises

24/02/2025 15:11

* Hovnanian Enterprises Inc  HOV.N  reported quarterly
adjusted
earnings of $3.58​​ per share for the quarter ended January 31. 
The lone analyst forecast for the quarter was for earnings of
$2.71 per share. 
    * Revenue was $673.62 million​; analysts expected $705.80
million. 
    * Hovnanian Enterprises Inc shares had fallen by 9.2% this
quarter.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * 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 
This summary was machine generated from LSEG data February 24 at
03:11 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2025      2.71           3.58           Beat