HOV bouncing here off $25.50 ..was pretty OS off 3yr lows <g..HOV Hovnanian Entrpr beats by $0.05; guide Q4 below consensus, reaffirms Y06 (25.47 -1.20)
Reports Q3 (Jul) earnings of $1.15 per share, $0.05 better than the Reuters Estimates consensus of $1.10; revenues rose 18.1% year/year to $1.55 bln vs the $1.47 bln consensus. Co issues downside guidance for Q4, sees EPS of $1.05-1.08 vs. $1.26 consensus. Co issues in-line guidance for FY06, sees EPS of reaffirms $5.00-5.75 vs. $5.16 consensus.
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