Feb. 25 at 3:17 PM
$HOV Q1 '26 Earnings Results & Recap
• Reported GAAP EPS of
$2.80 down -27.84% YoY
• Reported revenue of
$631.95M down -6.19% YoY
• For the second quarter of fiscal 2026, Hovnanian Enterprises expects total revenues between
$625M and
$725M. Adjusted homebuilding gross margin is expected to be between 13.0% and 14.0%, and adjusted EBITDA between
$30M and
$40M.