{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-24-000352","form_type":"8-K","ticker":"HOV","cik":"0000357294","company_name":"HOVNANIAN ENTERPRISES INC","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.592608+00:00","generated_at":"2026-06-05T21:15:27.539807+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hovnanian Q1 net income $2.91/diluted share; revenues up 15% to $594.2M, contracts per community up 48%","bullets":["Total revenues $594.2M (+15.3% YoY); net income $23.9M ($2.91 diluted EPS) vs $18.7M ($2.26) prior year.","Income before income taxes $32.6M, up 80.4% YoY; homebuilding gross margin % (before interest & land) steady at 21.8%.","Consolidated contracts per community increased 47.7% YoY to 9.6; total liquidity $313.1M above target range.","Land and land development spend $230.4M (highest quarterly since fiscal 2010); controlled lots 33,576 (6.7 years supply).","Q2 FY2024 guidance: revenue $675-775M, adjusted homebuilding gross margin 21.5-23.0%, adjusted EBITDA $80-90M."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-24-000352","json":"https://secwatch.observer/filing/0001753926-24-000352.json","markdown":"https://secwatch.observer/filing/0001753926-24-000352.md","text":"https://secwatch.observer/filing/0001753926-24-000352.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/357294/000175392624000352/0001753926-24-000352-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/357294/000175392624000352/hov-20240222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:15:27.539807+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":"f87ff4d946e9ca9fd740d873e32bbf5dbd87d777","claim":"HOVNANIAN ENTERPRISES INC updated its fiscal first quarter ended January 31, 2024 guidance (reaffirmed).","evidence_excerpt":"On February 22, 2024 , Hovnanian Enterprises, Inc. (the “Company”) issued a press release announcing its preliminary financial results for the fiscal first quarter ended January 31, 2024 . A copy of the press release is attached as Exhibit 99.1.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/357294/000175392624000352/0001753926-24-000352-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended January 31, 2024"},{"label":"Guidance","value":"reaffirmed"},{"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"}