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Hovnanian Enterprises Inc  (HOV)
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    Sector  Capital Goods    Industry Construction Services
 

EARNINGS REPORT by CSIMarket

Hovnanian Enterprises Inc records $1 million tax charge


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The third quarter 2018 earnings vanished, due to hefty $1 million tax charge, resulting in $-0.01 loss per share



For the third quarter 2018 Hovnanian Enterprises Inc decreased loss of $-0.01 per share compare to $-2.28 a year ago and improved from $-0.07 per share from the previous quarter.

Sales crumbled by -22.86 % to $457 millions from $592 millions in the same quarter a year ago and sequentially Sales deteriorated by -9.12 % from $503 millions.



In the third quarter 2018 Hovnanian Enterprises Inc reported net loss of $-1 million, instead of deficit of $-337 millions in the same quarter a year ago.

Excluding a $1 million tax charge, that company has recorded, third quarter 2018 results would show a net profit.


Hovnanian Enterprises Inc is expected to report next financial results on December 18, 2018.
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Other HOV's Earnings Reports

Hovnanian Enterprises Inc reported second quarter 2018 earnings

Hovnanian Enterprises Inc reported first quarter 2017 earnings

Hovnanian Enterprises Inc reported forth quarter 2017 earnings

     
       
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