HOV - Hovnanian Revenue Dips 15% In Q3 But Shares Jump More Than 13% On Upbeat Outlook | Benzinga
Hovnanian Enterprises, Inc. (NYSE: HOV) reported third-quarter (Q3) for fiscal year 2023 revenue of $649.96 million, down 15.3% Y/Y.
EPS for the quarter declined to $7.38 from $10.82 a year earlier.
As of quarter end, the contract backlog fell 20.8% Y/Y to $1.64 billion.
Homebuilding gross margin percentage, after the cost of sales interest expense and ...