{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-028705","form_type":"8-K","ticker":"HOV","cik":"0000357294","company_name":"HOVNANIAN ENTERPRISES INC","filed_at":"2022-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.185417+00:00","generated_at":"2026-06-21T07:46:26.869643+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hovnanian FY2022 pretax profit up 68% to $320M; Q4 contracts drop 48%","bullets":["FY2022 pretax income $319.8M, up 68.4% YoY; net income $225.5M ($29.00 diluted EPS) vs $607.8M ($85.86) prior year which included $468.6M tax benefit.","Total revenues $2.92B vs $2.78B prior year; homebuilding gross margin (after interest & land charges) improved 290 bps to 21.5%.","Q4 consolidated contracts $343.7M (602 homes), down 48% YoY; beginning backlog cancellation rate rose to 13% from 6%.","Liquidity $457.3M at Oct 31, 2022, well above $170M-$245M target range; land & development spending $759.3M for FY.","Segment reclassified to three homebuilding segments (Northeast, Southeast, West); prior periods restated."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-028705","json":"https://secwatch.observer/filing/0001437749-22-028705.json","markdown":"https://secwatch.observer/filing/0001437749-22-028705.md","text":"https://secwatch.observer/filing/0001437749-22-028705.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/357294/000143774922028705/0001437749-22-028705-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/357294/000143774922028705/hov20221206_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T07:46:26.869643+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"87ff57a189bd8daa4599d0cf4964c0d46e113b3b","claim":"HOVNANIAN ENTERPRISES INC reported the fiscal year ended October 31, 2022 results: revenue $2.92 billion, net income $225.5 million, EPS $29.00 per diluted common share.","evidence_excerpt":"$886.8 million in the fourth quarter of fiscal 2022, compared with $814.3 million in the same quarter of the prior year. For the year ended October 31, 2022, total revenues were $2.92 billion compared with $2.78 billion in the prior year. ● Homebuilding gross margin percentage, after cost of sales interest expense and land charges, was 19.6% for the three months ended","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/357294/000143774922028705/0001437749-22-028705-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended October 31, 2022"},{"label":"Revenue","value":"$2.92 billion"},{"label":"Net income","value":"$225.5 million"},{"label":"EPS","value":"$29.00 per diluted common share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"c382e2b96226d682be39f212c806c18e39459858","claim":"HOVNANIAN ENTERPRISES INC reported the fiscal fourth quarter ended October 31, 2022 results: revenue $886.8 million, net income $55.6 million, EPS $7.24 per diluted common share.","evidence_excerpt":"results for its fiscal fourth quarter and year ended October 31, 2022. RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED OCTOBER 31, 2022: ● Total revenues increased 8.9% to $886.8 million in the fourth quarter of fiscal 2022, compared with $814.3 million in the same quarter of the prior year. For the year ended October 31, 2022, total revenues were $2.92 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/357294/000143774922028705/0001437749-22-028705-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal fourth quarter ended October 31, 2022"},{"label":"Revenue","value":"$886.8 million"},{"label":"Net income","value":"$55.6 million"},{"label":"EPS","value":"$7.24 per diluted common share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}