Earnings Summary

Hovnanian Enterprises-a’s revenue jumped 15.14% since last year same period to $593.39Mn in the Q1 2024. On a quarterly growth basis, Hovnanian Enterprises-a has generated -33.1% fall in its revenue since last 3-months.

Hovnanian Enterprises-a’s net profit jumped 63.23% since last year same period to $23.9Mn in the Q1 2024. On a quarterly growth basis, Hovnanian Enterprises-a has generated -75.42% fall in its net profits since last 3-months.

Hovnanian Enterprises-a’s net profit margin jumped 41.77% since last year same period to 4.03% in the Q1 2024. On a quarterly growth basis, Hovnanian Enterprises-a has generated -63.26% fall in its net profit margins since last 3-months.

Hovnanian Enterprises-a’s price-to-earnings ratio after this Q1 2024 earnings stands at 5.46.

Hovnanian Enterprises-a’s earning per share (EPS) estimates for the current quarter stand at 7.36 - a 4700% jump from last quarter’s estimates.

Hovnanian Enterprises-a’s earning per share (EPS) estimates for the current year stand at 7.36.

Hovnanian Enterprises-a’s earning per share (EPS) jumped 28.91% since last year same period to 2.91 in the Q1 2024. This indicates that the Hovnanian Enterprises-a has generated 28.91% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Hovnanian Enterprises-a’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Hovnanian Enterprises-a’s return on equity (ROE) stands at 0.42.