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Hovnanian Enterprises Q3 Earnings Call Highlights
MarketBeat· 2026-08-21 01:02
Hovnanian Enterprises NYSE: HOV reported fiscal 2026 third-quarter revenue of $706 million, slightly above the midpoint of its prior guidance range, as the homebuilder navigated a housing market marked by elevated mortgage rates, incentives and cautious consumer behavior.Adjusted gross margin was 14.6%, also above the midpoint of guidance, while adjusted EBITDA totaled $32 million. The company posted an adjusted pre-tax loss of $2 million, below its guidance range, which had called for break-even results or ...