Hovnanian Enterprises Inc. (HOV) announced earnings for its first quarter that increased from last year
The company's earnings totaled $25.52 million, or $3.58 per share. This compares with $21.23 million, or $2.91 per share, last year.
The company's revenue for the period rose 13.4% to $673.623 million from $594.196 million last year.
Hovnanian Enterprises Inc. earnings at a glance (GAAP) :
-Earnings: $25.52 Mln. vs. $21.23 Mln. last year.-EPS: $3.58 vs. $2.91 last year.-Revenue: $673.623 Mln vs. $594.196 Mln last year.
-Guidance:Next quarter revenue guidance: $675 - $775 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.