Hovnanian Enterprises Reports Fiscal 2016 Third Quarter Results

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Hovnanian Enterprises (HOV) Misses Q3 EPS by 6c

September 9, 2016 9:19 AM EDT

Hovnanian Enterprises (NYSE: HOV) reported Q3 EPS of $0.00, $0.06 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $716.9 million versus the consensus estimate of $732.51 million.

For the third quarter of fiscal 2016, Adjusted EBITDA was $56.3 million compared with $32.2 million during the third... More