secwatch.observer — SEC 8-K summary
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Issuer:     HOVNANIAN ENTERPRISES INC (HOV)
CIK:        0000357294
Form:       8-K
Filed at:   2021-12-09T23:59:59+00:00
Accession:  0001437749-21-028165
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hovnanian Q4 pretax profit up 82% to $77.4M; FY pretax up 243% to $190M; FY2022 EPS guidance $26.50-$32.00
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- Q4 total revenues $814.3M (+19.2% YoY); net income $52.5M ($7.41 diluted EPS).
- FY2021 homebuilding gross margin % after cost of sales interest and land charges 18.6% (up 390 bps).
- Consolidated contract backlog $1.64B (+15.4% YoY); community count 140 (+17% sequential).
- FY2022 guidance: revenues $2.80-$3.00B, adjusted pretax income $260-$310M, EPS $26.50-$32.00.
- Liquidity $380.9M; retired $181M secured notes; board reinstated $2.7M preferred dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357294/000143774921028165/0001437749-21-028165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357294/000143774921028165/hov20211207_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-028165

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer