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Hovnanian Enterprises, Inc. Class A (NYSE:HOV) unveils its next round of earnings this Thursday, June 6. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
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Wall Street analysts see Hovnanian reporting a quarterly loss of $1.77 per share on sales of $441.00 million.
In the same quarter last year, Hovnanian reported EPS loss of 7 cents on revenue of $502.54 million. Revenue would be down 12.25 percent from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | -0.1 | 0.19 | -0.07 | -0.05 |
| EPS Actual | -0.12 | 0.29 | -0.01 | -0.07 |
Stock Performance
Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The popular rating by analysts on Hovnanian stock is a Sell. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Hovnanian is scheduled to hold a conference call at 11:00 a.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/thnv8pxm
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.