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0 0 0.00397903726708071 0.00399359472049693 0.00698757763975154 0.00693905279503109 0.00892857142857145 -0.000388198757764036
Stock impact report

Hovnanian Q1 Earnings Rise 23%, Margins Decline on Incentives [Yahoo! Finance]

Hovnanian Enterprises, Inc. Class A (HOV) 
US:NYSE Investor Relations: khov.com/investor-relations
Company Research Source: Yahoo! Finance
This compares with the S&P 500 index's 0.6% fall over the same time frame. Over the past month, the stock has declined 26.6% compared to the S&P 500's 1.2% growth. HOV's Revenue and Earnings Performance Hovnanian reported fiscal first-quarter 2025 earnings per diluted share of $3.58, up from the $2.91 reported in the year-ago quarter. The company reported a 13.4% year-over-year increase in total revenues, reaching $673.6 million in the first quarter of fiscal 2025, compared with $594.2 million in the same period last year. Home sales revenues rose 12.8% to $646.9 million on 1,254 homes delivered, up from $573.6 million on 1,063 homes a year ago. However, revenues fell short of analyst expectations by $32.18 million. Income before income taxes grew 22.4% to $39.9 million, driven by improved SG&A leverage and lower interest costs, which offset lower gross margins. Hovnanian Enterprises Inc Price, Consensus and EPS Surprise Hovnanian Enterprises Inc Price, Consensus and EPS S Show less Read more
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