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Eurotradr

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Eurotradr

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Thursday, 12/06/2018 10:02:27 AM

Thursday, December 06, 2018 10:02:27 AM

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Hovnanian beats by $0.11, misses on revs

9:20 AM ET 12/6/18 | Briefing.com
Reports Q4 (Oct) earnings of $0.30 per share, $0.11 better than the single analyst estimate of $0.19; revenues fell 14.8% year/year to $614.81 mln vs the $638.8 mln single analyst estimate.While total revenues decreased $106.9 million, homebuilding revenues for unconsolidated joint ventures increased $154.5 million to $252.6 million for the fourth quarter ended October 31, 2018, compared with $98.1 million in last year's fourth quarter.
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