Hovnanian (HOV) Sees Y/Y Q2 Earnings Rise, Beats Liquidity Targets
HOVHovnanian Enterprises(HOV) zacks.com·2024-05-24 01:26

Hovnanian Enterprises (HOV) continued to demonstrate strong operational and financial performances in the second quarter of fiscal 2024. The company reported significant year-over-year improvements, showcasing a strategic focus that resulted in increased profitability and robust growth metrics.There was a noticeable increase in revenues from the sale of homes, reflecting higher volumes of homes sold. Total interest expenses, as a percentage of total revenues, decreased year over year, which reflects effecti ...