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Hovnanian Enterprises Inc (HOV.N)

HOV.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Hovnanian Enterprises Q2 loss per share $0.05
Friday, 2 Jun 2017 09:15am EDT 

June 2 (Reuters) - Hovnanian Enterprises Inc :Hovnanian Enterprises reports fiscal 2017 second quarter results.Q2 loss per share $0.05.Q2 revenue fell 10.5 percent to $585.9 million.Hovnanian Enterprises -for Q2 ended April 30, 2017, number of net contracts, including unconsolidated joint ventures, decreased 6.1% to 1,748 homes.Hovnanian Enterprises - dollar value of contract backlog, including unconsolidated joint ventures, as of April 30, 2017, was $1.27 billion, down 19.7%.Dollar value of consolidated contract backlog, as of April 30, 2017, decreased 23.6% to $1.09 billion.Hovnanian Enterprises Inc - during May 2017, number of consolidated net contracts decreased to 509 homes from 512 homes in May 2016.Hovnanian Enterprises - during may 2017, dollar value of net contracts decreased 8.3% to $197.2 million in may 2017 compared with $215.0 million for may 2016.  Full Article

Hovnanian Enterprises Q4 earnings per share $0.14
Thursday, 8 Dec 2016 09:15am EST 

Hovnanian Enterprises Inc : Hovnanian Enterprises Inc - consolidated deliveries were 1,870 homes in Q4 of fiscal 2016, an 8.3% increase . Q4 earnings per share view $0.13, revenue view $802.3 million -- Thomson Reuters I/B/E/S . Hovnanian Enterprises - as of Oct 31, no. of homes in contract backlog decreased 14.9% to 2,649 homes versus 3,112 homes as of Oct 31, 2015 . Hovnanian enterprises reports fiscal 2016 results . Q4 earnings per share $0.14 .Q4 revenue rose 16.1 percent to $805.1 million.  Full Article

Hovnanian Enterprises says co, unit entered some financing commitments
Friday, 29 Jul 2016 08:40am EDT 

Hovnanian Enterprises Inc: On July 29, 2016, co, co's unit entered into certain financing commitments - SEC filing .Credit agreement provides for a new $75 million senior secured term loan facility.  Full Article

Hovnanian Enterprises, GTIS Partners announces Homebuilding JV
Wednesday, 29 Jun 2016 12:18pm EDT 

Hovnanian Enterprises Inc [HOV.N]: Says company and GTIS Partners LP, have entered into a joint venture agreement to acquire portfolio of Homebuilding Communities . Approximately $160 million of capital will be invested in joint venture, with co contributing 25% and GTIS Partners providing 75% . Says Hovnanian will manage day-to-day operations of the venture .Hovnanian Enterprises Inc says expects proceeds from home sales to exceed $1.0 billion in revenue.  Full Article

Hovnanian Enterprises reports Q2 loss of $0.06 per share
Thursday, 2 Jun 2016 09:15am EDT 

Hovnanian Enterprises Inc : Q2 loss per share $0.06 . Total revenues were $654.7 million in Q2 of fiscal 2016, an increase of 39.6% . As of April 30, number of homes in contract backlog, including unconsolidated joint ventures, increased 11.7% to 3,453 homes . Hovnanian Enterprises Inc says consolidated deliveries were 1,598 homes in Q2 of fiscal 2016, a 30.7% increase . Sees FY 2016 revenue $2.7 billion to $2.9 billion . Adjusted EBITDA is expected to be between $200 million and $225 million in FY 2016 . Fy2016 revenue view $2.78 billion -- Thomson Reuters I/B/E/S . Hovnanian Enterprises reports fiscal 2016 second quarter results .Q2 revenue rose 39.6 percent to $654.7 million.  Full Article

Hovnanian Enterprises, Inc reiterates FY 2016 revenues and pretax profit guidance
Friday, 4 Dec 2015 09:15am EST 

Hovnanian Enterprises, Inc:reiterates our prior guidance that total revenues for all of FY 2016 are expected to be between $2.7 billion and $3.1 billion.Says pretax profit excluding land related charges, gains or losses on extinguishment of debt and other non-recurring items such as legal settlements are expected to be between $40 million and $100 million for all of fiscal 2016.  Full Article

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BRIEF-Hovnanian Enterprises Q2 loss per share $0.05

* Hovnanian Enterprises reports fiscal 2017 second quarter results