The earnings call indicated a mixed performance. There were significant achievements in terms of revenue growth, inventory management, and returns on equity and investment. However, these were balanced by challenges including declining gross margins, increased costs, and a difficult sales environment. The company is navigating these challenges with a focus on land-light strategy and community growth.

Company Guidance

In the fiscal 2025 third quarter earnings call, Hovnanian Enterprises reported that they met or exceeded their guidance across several financial metrics despite challenging market conditions. The company achieved revenues of $801 million, which was at the midpoint of their guidance. Their adjusted gross margin was 17.3%, slightly below the guidance midpoint, while SG&A ratio was better than expected at 11.3%. Income from unconsolidated joint ventures was $16 million, although on the lower end of the guidance range. The adjusted EBITDA exceeded expectations at $77 million, surpassing the high end of the guidance range, and adjusted pretax income reached $40 million, topping the guidance range. Despite higher walkaway costs and impairment charges, particularly in the West segment, the company expressed satisfaction with their ability to meet or exceed their guidance amidst economic uncertainties.

Revenue Increase

Total revenues increased by 11% year-over-year due to an increase in deliveries.

Strong Inventory Management

QMI sales accounted for 79% of total sales, indicating successful management of quick move-in homes.

High Return on Equity

The company's return on equity was 19%, ranking second highest among midsized peers.

High Adjusted EBITDA Return on Investment

The adjusted EBITDA return on investment was 22.1%, the highest among midsized peers.

Increase in Contracts

Contracts for the third quarter increased by 1% year-over-year, with notable improvements in July.

Improvement in SG&A

SG&A improved by 110 basis points year-over-year to 11.3%.

Liquidity Above Target

Ended the third quarter with $278 million in liquidity, above the targeted range.

Hovnanian Enterprises (HOV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HOV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 04, 2025	2025 (Q4)	0.63 / -	12.79	―	―	―
Aug 21, 2025	2025 (Q3)	3.51 / 1.99	9.747	-79.58% (-7.76)
May 20, 2025	2025 (Q2)	2.45 / 2.43	6.661	-63.52% (-4.23)
Feb 24, 2025	2025 (Q1)	2.71 / 3.58	2.913	22.90% (+0.67)
Dec 05, 2024	2024 (Q4)	- / 12.79	12.765	0.20% (+0.02)
Aug 22, 2024	2024 (Q3)	- / 9.75	7.384	32.00% (+2.36)
May 22, 2024	2024 (Q2)	- / 6.66	4.469	49.05% (+2.19)
Feb 22, 2024	2024 (Q1)	- / 2.91	2.264	28.67% (+0.65)
Dec 05, 2023	2023 (Q4)	- / 12.77	7.92	61.17% (+4.85)	―
Aug 30, 2023	2023 (Q3)	- / 7.38	10.82	-31.76% (-3.44)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HOV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 21, 2025	$148.95	$131.80	-11.51%
May 20, 2025	$109.85	$96.13	-12.49%
Feb 24, 2025	$121.57	$106.51	-12.39%
Dec 05, 2024	$189.96	$177.29	-6.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Hovnanian Enterprises Inc (HOV) report earnings?

Hovnanian Enterprises Inc (HOV) is schdueled to report earning on Dec 04, 2025, TBA (Confirmed).

What is Hovnanian Enterprises Inc (HOV) earnings time?

Hovnanian Enterprises Inc (HOV) earnings time is at Dec 04, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HOV EPS forecast?

HOV EPS forecast for the fiscal quarter 2025 (Q4) is 0.63.

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