HOV Q3 2018 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q3 2018 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$457M-22.9% YoY

Gross Profit

$73M16.0% margin

Operating Income

$29M6.4% margin

Net Income

-$1M-0.2% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

-9.1%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$28M

Stock-Based Comp.

$631,000

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$2.2B

Stockholders' Equity

-$501M

Cash & Equivalents

$222M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$457M	$592M	-22.9%
Gross Profit	$73M	$81M	-9.7%
Operating Income	$29M	$15M	+101.2%
Net Income	-$1M	-$337M	+99.7%

Revenue Segments

Homebuilding

$444M97%

Financial Services

$13M3%