HOV Q2 2017 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$552M

Q2 2017 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$586M-10.5% YoY

Gross Profit

$81M13.8% margin

Operating Income

$14M2.4% margin

Net Income

-$7M-1.1% margin

EPS (Diluted)

$-1.13

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

$91M

Free Cash Flow

$87M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$2.3B

Stockholders' Equity

-$134M

Cash & Equivalents

$281M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$586M	$655M	-10.5%
Gross Profit	$81M	$78M	+3.7%
Operating Income	$14M	$6M	+145.2%
Net Income	-$7M	-$8M	+21.0%

Revenue Segments

Homebuilding

$571M100%