Detail akcie Hovnann Entps Rg-A online

Business Summary: Hovnanian Enterprises, Inc., through its subsidiaries, conducts all of its homebuilding and financial services operations. Its segment includes Homebuilding and Financial services. The Homebuilding segment consists of three segments: Northeast (Delaware, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia); Southeast (Florida, Georgia and South Carolina), and West (Arizona, California and Texas). The Homebuilding segments are engaged in the sale and construction of single-family attached and detached homes, attached town homes and condominiums, urban infill and active lifestyle homes in planned residential developments. It also includes sales of land. The Financial services segment provides mortgage banking and title services to homebuilding operations customers. Its residential development activities include site planning and engineering, obtaining environmental and other regulatory approvals and constructing roads, drainage facilities and others.
Financial Summary: BRIEF: For the nine months ended 31 July 2024, Hovnanian Enterprises, Inc. revenues increased 8% to $2.03B. Net income applicable to common stockholders increased 45% to $135M. Revenues reflect HomeBuilding segment increase from $632.2M to $1.39B, Financial Services segment increase from $14.6M to $36.1M. Net income benefited from Other Operations increase from $17.7M to $47.3M (income), Other interest decrease of 40% to $25.7M (expense).