Yahoo Finance Hovnanian Enterprises First Quarter 2024 Earnings: EPS: US$3.11 (vs US$2.37 in 1Q 2023)
Hovnanian Enterprises (NYSE:HOV) First Quarter 2024 Results
Key Financial Results
Revenue: US$594.2m (up 15% from 1Q 2023).
Net income: US$20.2m (up 38% from 1Q 2023).
Profit margin: 3.4% (up from 2.8% in 1Q 2023). The increase in margin was driven by higher revenue.
EPS: US$3.11 (up from US$2.37 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hovnanian Enterprises shares are up 11% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Hovnanian Enterprises, and understanding these should be part of your investment process.
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