{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-25-000870","form_type":"8-K","ticker":"HOV","cik":"0000357294","company_name":"HOVNANIAN ENTERPRISES INC","filed_at":"2025-05-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.959081+00:00","generated_at":"2026-05-21T00:42:04.614935+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hovnanian Q2 net income falls 61% to $19.7M; gross margin drops to 13.8%","bullets":["Net income of $19.7M ($2.43 diluted EPS) vs $50.8M ($6.66) in prior year Q2; adjusted income before taxes $29.2M.","Homebuilding gross margin after cost of sales interest and land charges: 13.8% vs 19.5% YoY; before charges: 17.3% vs 22.6%.","Consolidated contracts down 7.5% to 1,398 homes; community count up 14.7% to 125.","Redeemed remaining $26.6M of 13.5% senior notes due 2026; repurchased 126,448 shares for $12.2M in Q2.","Q3 guidance: total revenues $750-850M, adjusted homebuilding gross margin 17-18%, adjusted EBITDA $60-70M."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-25-000870","json":"https://secwatch.observer/filing/0001753926-25-000870.json","markdown":"https://secwatch.observer/filing/0001753926-25-000870.md","text":"https://secwatch.observer/filing/0001753926-25-000870.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/357294/000175392625000870/0001753926-25-000870-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/357294/000175392625000870/hov-20250520.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T00:42:04.614935+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}