earnings
confidence high
sentiment positive
materiality 0.75
Hovnanian Q1 revenue $673.6M (+13% YoY); net income $28.2M ($3.58 EPS) up 18%
HOVNANIAN ENTERPRISES INC
2025-Q1 EPS reported
$3.58
revenue$673,623,000
- Total revenues $673.6M (+13.4% YoY); home deliveries 1,254 homes (+18% YoY).
- Income before income taxes $39.9M (+22.4% YoY); net income $28.2M ($3.58 diluted EPS) vs $23.9M ($2.91).
- Homebuilding gross margin (before land charges) 18.3% vs 21.8% YoY; guided Q2 margin 17.5%-18.5%.
- Total liquidity $222.4M; repurchased 131,460 shares for $17.9M at avg price $135.93.
- Q2 FY2025 guidance: total rev $675M-$775M; adjusted EBITDA $50M-$60M.