HOV Q3 2017 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$552M

Q3 2017 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$592M-17.4% YoY

Gross Profit

$81M13.6% margin

Operating Income

$15M2.5% margin

Net Income

-$337M-57.0% margin

EPS (Diluted)

$-57.06

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$28M

Stock-Based Comp.

$106,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$2.3B

Stockholders' Equity

-$471M

Cash & Equivalents

$286M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$592M	$717M	-17.4%
Gross Profit	$81M	$94M	-14.3%
Operating Income	$15M	$24M	-40.1%
Net Income	-$337M	-$474,000	-71041.1%

Revenue Segments

Homebuilding

$577M100%