Hovnanian Enterprises Inc <HOV.N> expected to post earnings of $2.71 a share - Earnings Preview

• Hovnanian Enterprises Inc HOV.N, HOV is expected to report resultson February 24 for the period ending January 31 2025

• The Matawan New Jersey-based company is expected to report revenue of $705.8 million, according to the estimate from one analyst, based on LSEG data.The company's guidance on December 5 2024, for the period ended January 31, was for revenue between $650.00 million and $750.00 million.

• ​LSEG's mean analyst estimate for Hovnanian Enterprises Inc is for earnings of $2.71 per share.

• The one available analyst rating on the shares is "hold".

• The average consensus recommendation for the homebuilding peer group is also "Hold".​

• Wall Street's median 12-month price target for Hovnanian Enterprises Inc is $155.00​, above​ its last closing price of $126.96. ​​​

The company's guidance on December 5 2024 for the period ended January 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD650 million and USD65 million.The company's guidance on December 5 2024 for the period ended January 31 was for gross profit margin between USD17.5% and USD18.5%.

This summary was machine generated February 21 at 13:33 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)