HOV Q1 2021 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q1 2021 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$575M+16.3% YoY

Gross Profit

$106M18.4% margin

Operating Income

$42M7.3% margin

Net Income

$19M3.3% margin

EPS (Diluted)

$2.75

QoQ Revenue Growth

-15.9%

Cash Flow

Operating Cash Flow

-$94M

Free Cash Flow

-$95M

Stock-Based Comp.

$902,000

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$2.3B

Stockholders' Equity

-$417M

Cash & Equivalents

$172M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$575M	$494M	+16.3%
Gross Profit	$106M	$67M	+57.2%
Operating Income	$42M	$7M	+518.0%
Net Income	$19M	-$9M	+307.2%

Revenue Segments

Homebuilding

$2.2B98%

Financial Services

$39M2%