HOV Q1 2020 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q1 2020 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$494M+29.8% YoY

Gross Profit

$67M13.6% margin

Operating Income

$7M1.4% margin

Net Income

-$9M-1.9% margin

EPS (Diluted)

$-1.48

QoQ Revenue Growth

-30.8%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$27M

Stock-Based Comp.

-$116,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$2.3B

Stockholders' Equity

-$500M

Cash & Equivalents

$81M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$494M	$381M	+29.8%
Gross Profit	$67M	$56M	+19.4%
Operating Income	$7M	$4M	+63.1%
Net Income	-$9M	-$17M	+47.6%

Revenue Segments

Homebuilding

$480M97%

Financial Services

$14M3%