Hovnanian Enterprises Inc (NYSE:HOV) constructor of residential homes, is reporting fourth quarter earnings results on Wednesday 9th December 2020, before market open.
Previous Quarter Performance
Hovnanian Enterprises Inc unwinded income for the third quarter of $ 2.16 per share, from the revenue of $ 628.14 million. The quarterly revenues extended 30.31 percent compared with the same quarter last year. According to street consensus, revenue of $ 494.06 million was expected for the third quarter The top line results outshined analysts by $ 134.08 million or 27.14 percent.
Stock Performance
Shares of Hovnanian Enterprises Inc traded low $ -0.92 or -2.35 percent on Tuesday, reaching $ 38.21 with volume of 157.80 thousand shares. Hovnanian Enterprises Inc has traded high as $ 38.97 and has cracked $ 37.35 on the downward trend
According to the previous trading day, closing price of $ 38.21, representing a 664.26 % increase from the 52 week low of $ 5.12 and a 7.86 % decrease over the 52 week high of $ 42.47.
The company has a market capital of $ 234.69 million and is part of the Consumer Cyclical sector and Residential Construction industry.
Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes.
