Hovnanian Reports Mixed Q4 Results, Guides for $550M-$650M in Q1
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Hovnanian Enterprises, a homebuilder, reported a loss of $0.51 per share in Q4, but a gain of $5.96 per share after adjustments. Revenue was $817.9 million, and the company expects Q1 revenue between $550 million and $650 million. For the full year, Hovnanian reported a profit of $7.43 per share and $2.98 billion in revenue.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
