Hovnanian Enterprises Inc reports results for the quarter ended January 31 - Earnings Summary

• Hovnanian Enterprises Inc HOV.N reported quarterly adjusted earnings of $3.58​​ per share for the quarter ended January 31. The lone analyst forecast for the quarter was for earnings of $2.71 per share.

• Revenue was $673.62 million​; analysts expected $705.80 million.

• Hovnanian Enterprises Inc shares had fallen by 9.2% this quarter.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• 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

This summary was machine generated from LSEG data February 24 at 03:11 p.m. UTC. ​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)