Hovnanian Enterprises Inc expected to post earnings of $2.71 a share - Earnings Preview

Reuters
02-21
<a href="https://laohu8.com/S/HOVNP">Hovnanian Enterprises Inc</a> <hov.n> expected to post earnings of $2.71 a share - Earnings Preview </hov.n>
  • 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)

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