---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-024390"
form_type: "8-K"
ticker: "HOV"
cik: "0000357294"
company_name: "HOVNANIAN ENTERPRISES INC"
filed_at: "2022-10-19T23:59:59+00:00"
generated_at: "2026-06-23T02:46:40.687362+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hovnanian updates FY2022 EPS guidance to $28.50-$30.00, scraps $100M debt retirement

## Summary
- Reiterated FY2022 revenue $2.8B-$3.0B, gross margin 24%-26%, adjusted EBITDA $460M-$475M.
- Updated fully diluted EPS guidance to $28.50-$30.00; shareholders' equity expected up ~120% YoY.
- Will not proceed with early retirement of $100M senior secured notes to preserve liquidity.
- September 2022 cancellation rate 44% vs 15% a year ago; gross contracts down 26% YoY.
- Expects FY2022 liquidity significantly above $245M target; increasing QMI homes and below-market mortgages.

## SEC filing metadata
- accession: 0001437749-22-024390
- form_type: 8-K
- ticker: HOV
- cik: 0000357294
- company_name: HOVNANIAN ENTERPRISES INC
- filed_at: 2022-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/357294/000143774922024390/0001437749-22-024390-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/357294/000143774922024390/hov20221019_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-024390
- JSON: https://secwatch.observer/filing/0001437749-22-024390.json
- Plain text: https://secwatch.observer/filing/0001437749-22-024390.txt

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