---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-004779"
form_type: "8-K"
ticker: "HOV"
cik: "0000357294"
company_name: "HOVNANIAN ENTERPRISES INC"
filed_at: "2022-03-01T23:59:59+00:00"
generated_at: "2026-06-27T03:16:17.234150+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hovnanian Q1 pretax profit up 80.8% to $35.4M; gross margin expands; FY22 EPS guidance $26.50-$32.00

## Summary
- Pretax income surged 80.8% to $35.4M; net income $24.8M ($3.07 diluted EPS) from $19.0M ($2.75).
- Homebuilding gross margin (after interest & land charges) up 260 bps to 19.9%; backlog $1.89B (+13%).
- FY22 guidance: rev $2.8B-$3.0B, adj. pretax $260M-$310M, diluted EPS $26.50-$32.00, debt reduction ~$200M.
- Q2 FY22 guidance: rev $700M-$750M, gross margin (before int. & land) 23%-25%, adj. pretax $60M-$75M.

## SEC filing metadata
- accession: 0001437749-22-004779
- form_type: 8-K
- ticker: HOV
- cik: 0000357294
- company_name: HOVNANIAN ENTERPRISES INC
- filed_at: 2022-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/357294/000143774922004779/0001437749-22-004779-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/357294/000143774922004779/hov20220225_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-004779
- JSON: https://secwatch.observer/filing/0001437749-22-004779.json
- Plain text: https://secwatch.observer/filing/0001437749-22-004779.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.