HOV Q3 2019 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q3 2019 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$482M+5.5% YoY

Gross Profit

$71M14.7% margin

Operating Income

$15M3.2% margin

Net Income

-$8M-1.6% margin

EPS (Diluted)

$-1.27

QoQ Revenue Growth

+9.4%

Cash Flow

Operating Cash Flow

-$59M

Free Cash Flow

-$60M

Stock-Based Comp.

-$994,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$2.3B

Stockholders' Equity

-$494M

Cash & Equivalents

$84M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$482M	$457M	+5.5%
Gross Profit	$71M	$73M	-3.0%
Operating Income	$15M	$29M	-47.6%
Net Income	-$8M	-$1M	-640.8%

Revenue Segments

Homebuilding

$469M97%

Financial Services

$13M3%