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Nobility Homes Inc   (NOBH)
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    Sector  Capital Goods    Industry Construction Services
 


Facing challenging business enviroment, with rather steep -18.34 %, Revenues decrease, the NOBH amid the September to November 05 2022 period

NOBH announced fourth quarter of 2021 operating profit of $1.579879 millions

Published 2023-02-02T14:14:11+00:00
Goran Soko / CSIMarket.com Contributer

Revenue and income fell in sympathy in the September to November 05 2022 period, where income decreased by -8.1 % to $0.40 per share and revenue by -18.34 % year on year. Revenue were at $7.73 millions compared to $9.47 millions in the same period a prior year.

From the preceding fiscal period, income faded by -27.82 % from $0.56 per share and Revenue Tumbled by -44.151 % from $13.85 millions.


Net earnings of $1.466 millions in the fourth quarter of 2021 earnings season fell by -5.86 % from $1.557 millions in the corresponding period a year before. Nobility Homes Inc also emphasized it's improving profit margins, where net margin rose to 18.96% in fourth quarter of 2021 earnings season, and operating margin edged up to 20.43%.
Operating earnings, fell -5.25% to $1.579879 millions, squeezing Nobility Homes Inc 's operating margin to %. Analysts also pointed out, that within the financial results for the financial period 2022, NOBH disclosed Revenues of $51.52 millions and net profits of $7.23 millions.

Construction Services company voiced as well, that Earnings per share grew by 40 % to $2.10 per share from $1.50 in the prior financial period , industry's contribution addsRevenues advanced by 14.33 % from $45.06 millions a year ago.

Nobility Homes Inc is expected to report next financial earnings on June 20, 2023.


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Other NOBH's Earnings Reports

Nobility Homes Inc reported third quarter 2022 earnings

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