hovnanian

In this morning's Marketwatch alert on companies that may report earnings surprises for the fourth quarter, just three were expected to offer positive surprises. Goldman Sachs (NYSE: GS) was seen beating the consensus estimate by up to 18 percent. Forest Laboratories (NASDAQ: FRX) could turn in a...

There will not be much on the earnings front this week to distract from the wrangling over the so-called fiscal cliff and debt ceiling, as well as the Federal Reserve's latest rate decision and any changes to quantitative easing. The only S&P 500 components on deck to share their most recent...

S&P 500 components scheduled to report quarterly results this week include J.M. Smucker (NYSE: SJM), National Semiconductor (NYSE: NSM) and Pall Corp. (NYSE: PLL). While analysts on average are expecting strong earnings growth from Pall, the consensus forecast for Smucker is earnings about the...

Hovnanian Enterprises, Inc. (NYSE: HOV) reported 3Q results with EPS of -$0.92 (including $0.42 of FAS 109 changes and a $0.04 gain on early release of debt) vs. JP Morgan's -$0.35 estimate. These results reflect a 37% y/y decline in orders, in line with JP Morgan's -36% estimate. Cash flow...

Barclays Capital raised their price target on Hovnanian, (NYSE: HOV) to $2 in a research report dated March 03, 2010. But they kept their underweight rating on the stock. “We are raising our price target from $1.50 to $2.00 on account of the accelerated pace with which Hovnanian was able to...