HOV Q2 2020 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q2 2020 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$538M+22.2% YoY

Gross Profit

$81M15.1% margin

Operating Income

$30M5.6% margin

Net Income

$4M0.8% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

+9.0%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$51M

Stock-Based Comp.

-$88,000

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$2.4B

Stockholders' Equity

-$496M

Cash & Equivalents

$233M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$538M	$441M	+22.2%
Gross Profit	$81M	$61M	+32.6%
Operating Income	$30M	$8M	+286.5%
Net Income	$4M	-$15M	+126.7%

Revenue Segments

Homebuilding

$524M97%

Financial Services

$14M3%