Hovnanian Enterprises, Inc. reports results for the quarter ended July 31 - Earnings Summary
Hovnanian Enterprises, Inc. reports results for the quarter ended July 31 - Earnings Summary
Hovnanian Enterprises, Inc. HOV.N reported a quarterly adjusted loss of 70 cents per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of $1.99. The lone analyst forecast for the quarter was for a loss of 56 cents per share.
Revenue fell 11.8% to $705.75 million from a year ago; analysts expected $723.50 million.
Hovnanian Enterprises, Inc.'s reported EPS for the quarter was a loss of 70 cents.
The company reported a quarterly loss of $4.47 million.
Hovnanian Enterprises, Inc. shares had fallen by 10.4% this quarter and gained 30.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 66.3% in the last three months.
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 "sell" and the breakdown of recommendations is no "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the homebuilding peer group is "hold."
Wall Street's median 12-month price target for Hovnanian Enterprises, Inc. is $74.00, about 72.5% below its last closing price of $127.67
This summary was machine generated from LSEG data August 20 at 02:26 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 |
Jul. 31 2026 | -0.56 | -0.70 | Missed |
Apr. 30 2026 | -2.04 | -0.46 | Beat |
Oct. 31 2025 | 0.63 | -0.51 | Missed |
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