HOV Q3 2020 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q3 2020 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$628M+30.3% YoY

Gross Profit

$94M14.9% margin

Operating Income

$38M6.0% margin

Net Income

$15M2.4% margin

EPS (Diluted)

$2.16

QoQ Revenue Growth

+16.7%

Cash Flow

Operating Cash Flow

$113M

Free Cash Flow

$112M

Stock-Based Comp.

$242,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$2.3B

Stockholders' Equity

-$480M

Cash & Equivalents

$198M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$628M	$482M	+30.3%
Gross Profit	$94M	$71M	+32.6%
Operating Income	$38M	$15M	+147.4%
Net Income	$15M	-$8M	+302.1%

Revenue Segments

Homebuilding

$607M97%

Financial Services

$21M3%