Detail akcie Hovnann Entps Rg-A online

Business Summary: Hovnanian Enterprises, Inc., through its subsidiaries, conducts all of its homebuilding and financial services operations. Its segment includes Homebuilding and Financial services. The Homebuilding segment consists of three segments: Northeast (Delaware, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia); Southeast (Florida, Georgia and South Carolina), and West (Arizona, California and Texas). The Homebuilding segments are engaged in the sale and construction of single-family attached and detached homes, attached town homes and condominiums, urban infill and active lifestyle homes in planned residential developments. It also includes sales of land. The Financial services segment provides mortgage banking and title services to homebuilding operations customers. Its residential development activities include site planning and engineering, obtaining environmental and other regulatory approvals and constructing roads, drainage facilities and others.
Financial Summary: BRIEF: For the three months ended 31 January 2024, Hovnanian Enterprises, Inc. revenues increased 15% to $594.2M. Net income applicable to common stockholders increased 38% to $20.2M. Revenues reflect HomeBuilding segment increase of 15% to $575.9M, Financial Services segment increase of 26% to $15.3M. Net income benefited from Income from unconsolidated joint venture increase from $7.2M to $15M (income).