Hovnanian Enterprises Q4 EPS $(0.51) Misses $0.63 Estimate, Sales $817.904M Beat $809.481M Estimate

Hovnanian Enterprises (NYSE: HOV) reported quarterly losses of $(0.51) per share which missed the analyst consensus estimate of $0.63 by 180.95 percent. This is a 103.99 percent decrease over earnings of $12.79 per share from the same period last year. The company reported quarterly sales of $817.904 million which beat the analyst consensus estimate of $809.481 million by 1.04 percent. This is a 16.51 percent decrease over sales of $979.638 million the same period last year.