Hovnanian Enterprises Slips To Loss In Q4, Stock Falls

rttnews
2025.12.04 15:06
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Hovnanian Enterprises reported a Q4 net loss of $3.3 million, down from a $91.7 million profit last year. Revenue fell to $817.9 million from $979.6 million. The company forecasts Q1 fiscal 2026 revenue between $550 million and $650 million. HOV stock dropped 16.88% to $110.89 on the NYSE.

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Hovnanian Enterprises, Inc. (HOV), Thursday announced its fiscal fourth quarter financial results, reporting a net loss of $3.3 million to common stockholders compared to a profit of $91.7 million in the previous year.

On a per-share basis, net loss amounted to $0.51 compared with earnings of $12.79 in the prior year.

For the quarter ended October 31, 2025, total revenues declined to $817.9 million from last year's $979.6 million.

Looking ahead, the company anticipates revenues between $550 million and $650 million for the first quarter of fiscal 2026.

Currently, HOV is moving down 16.88 percent, to $110.89 on the New York Stock Exchange.

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