HOV Q2 2019 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q2 2019 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$441M-12.3% YoY

Gross Profit

$61M13.9% margin

Operating Income

$8M1.8% margin

Net Income

-$15M-3.5% margin

EPS (Diluted)

$-2.56

QoQ Revenue Growth

+15.8%

Cash Flow

Operating Cash Flow

-$77M

Free Cash Flow

-$78M

Stock-Based Comp.

$576,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$2.2B

Stockholders' Equity

-$485M

Cash & Equivalents

$124M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$441M	$503M	-12.3%
Gross Profit	$61M	$79M	-22.3%
Operating Income	$8M	$18M	-56.8%
Net Income	-$15M	-$10M	-55.3%

Revenue Segments

Homebuilding

$428M97%

Financial Services

$12M3%