Hovnanian Enterprises Inc. (HOV) revealed a profit for fourth quarter that decreased from the same period last year
The company's earnings totaled $91.681 million, or $12.79 per share. This compares with $94.597 million, or $13.05 per share, in last year's fourth quarter.
The company's revenue for the quarter rose 10.4% to $979.638 million from $887.032 million last year.
Hovnanian Enterprises Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $91.681 Mln. vs. $94.597 Mln. last year.-EPS (Q4): $12.79 vs. $13.05 last year.-Revenue (Q4): $979.638 Mln vs. $887.032 Mln last year.
-Guidance:Next quarter revenue guidance: $650 to $750 Mln
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.