MATAWAN, N.J. (AP) — MATAWAN, N.J. (AP) — Hovnanian Enterprises Inc. (HOV) on Thursday reported earnings of $23.9 million in its fiscal first quarter.
The Matawan, New Jersey-based company said it had profit of $2.91 per share. Earnings, adjusted to extinguish debt, came to $2.75 per share.
The homebuilder posted revenue of $594.2 million in the period.
For the current quarter ending in April, Hovnanian said it expects revenue in the range of $675 million to $775 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HOV at https://www.zacks.com/ap/HOV
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