Hovnanian Reports Q2 GAAP Loss of -$0.46 per Share; Revenue Beats Estimates
Hovnanian (NYSE:HOV) reported a second-quarter GAAP loss of $0.46 per share, significantly below the expected earnings of $2.52 per share. However, revenue came in at $667.6 million, surpassing estimates by $35.7 million despite a 2.8% year-over-year decline.
Tickers: $HOV
Topics: Earnings Revenue Guidance