Hovnanian Enterprises, Inc. (NASDAQ:HOVNP) Earnings Report Highlights
EPS of -$0.51 was reported, missing the expected $0.63.Actual revenue of $818 million surpassed estimates, indicating strong sales performance.The company's gross margin percentage declined to 10.7%, reflecting higher costs and tighter margins.Hovnanian Enterprises, Inc. (NASDAQ:HOVNP) is a leading homebuilding company in the United States, known for designing, constructing, and selling residential homes. The company competes with other major homebuilders like Lennar Corporation and D.R. Horton, operating a ...