HOV - Hovnanian GAAP EPS of $3.07 revenue of $565.3M

March, 01 2022 09:21 AM Hovnanian Enterprises Inc. Class A

Hovnanian press release (NYSE:HOV): Q1 GAAP EPS of $3.07. Revenue of $565.3M (-1.6% Y/Y). FQ2 2022 Outlook: Total revenues are expected to be between $700M-750M, gross margin is expected to be between 23.0% and 25.0% and adjusted pretax income is expected to be between $60M-75M. 2022 Outlook: Total revenues are expected to be between $2.80B-3.00B, gross margin is expected to be between 23.5% and 25.5%, adjusted pretax income is expected to be between $260M-310M, adjusted EBITDA is expected to be between $410M-460M and EPS is expected to be between $26.50 and $32.00.

For further details see:

Hovnanian GAAP EPS of $3.07, revenue of $565.3M

Company Name:	Hovnanian Enterprises Inc. Class A
Stock Symbol:	HOV
Market:	NYSE
Website:	khov.com

Twitter