---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-033582"
form_type: "8-K"
ticker: "HOV"
cik: "0000357294"
company_name: "HOVNANIAN ENTERPRISES INC"
filed_at: "2023-12-05T23:59:59+00:00"
generated_at: "2026-06-07T18:20:38.493443+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hovnanian Q4 net income $97.3M ($13.05 EPS) vs $55.6M last year; book value jumps 80%

## Summary
- Total revenues $887.0M vs $886.8M; deliveries 1,517 homes, down from 1,599 YoY.
- Net contracts per community up 66% YoY; consolidated contracts rose 55.8% to 938 homes.
- Adjusted EBITDA $181.2M (+25.5% YoY); homebuilding gross margin 21.4% vs 19.6%.
- Refinanced $655M in secured debt, extending maturities to 2028/2029; reduced total debt 40% since FY2020.
- Q1 FY2024 guidance: revenue $525-625M, adjusted EBITDA $55-70M; expects significant YoY profit increase.

## SEC filing metadata
- accession: 0001437749-23-033582
- form_type: 8-K
- ticker: HOV
- cik: 0000357294
- company_name: HOVNANIAN ENTERPRISES INC
- filed_at: 2023-12-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/357294/000143774923033582/0001437749-23-033582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/357294/000143774923033582/hov20231201_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-033582
- JSON: https://secwatch.observer/filing/0001437749-23-033582.json
- Plain text: https://secwatch.observer/filing/0001437749-23-033582.txt

## Key facts
- Earnings Releases
  HOVNANIAN ENTERPRISES INC reported preliminary financial results for fiscal fourth quarter and fiscal year ended October 31, 2023.
  - Period: fiscal fourth quarter and fiscal year ended October 31, 2023
  - Result: preliminary results
  source text: On December 5, 2023, Hovnanian Enterprises, Inc. (the “Company”) issued a press release announcing its preliminary financial results for the fiscal fourth quarter and fiscal year ended October 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/357294/000143774923033582/0001437749-23-033582-index.htm

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