Hovnanian Enterprises Class A (HOV)

[legalizeMJ]

$HOV Fiscal 2016 FINANCIAL GUIDANCE:

http://finance.yahoo.com/news/hovnanian-enterprises-reports-fiscal-2015-141500900.html

Q4 2015 Net income was $25.5 million, or $0.16 per fully diluted common share

For the twelve months ended October 31, 2015, total revenues increased 4.1% to $2.15 billion compared with $2.06 billion in the prior fiscal year.

Fiscal 2016 FINANCIAL GUIDANCE:

Assuming no changes in current market conditions, we reiterate our prior guidance that total revenues for all of fiscal 2016 are expected to be between $2.7 billion and $3.1 billion and pretax profit excluding land related charges, gains or losses on extinguishment of debt and other non-recurring items such as legal settlements are expected to be between $40 million and $100 million for all of fiscal 2016.

HOV= STRONG BUY because Its fiscal 2016 revenues will be between $2.7 billion and $3.1 billion dollars, this is a big increase comparing to its fiscal 2015 rev of $2.15 billion dollars.
HOV revenues will be HIGHER than $3.1 billion dollars because 12/4 jobs report was GOOD(More people will buy houses because they get jobs).
Go HOV Go $$$$$$$$$$$$$