Hovnanian Reports Q2 EPS Loss of ($0.46) on $667.65M Revenue, Down 2.7% YoY
HOV sits 34% above its 52-week low of $85.69.
Summary
Hovnanian Enterprises reported a Q2 2026 diluted EPS loss of ($0.46) on revenue of $667.65 million, a 2.7% decline year-over-year. This full earnings report follows the 10-Q filing earlier today and confirms previous indications of a net loss for the quarter. The significant drop in EPS from $2.43 a year ago highlights the challenging housing market, prompting the company to increase focus on quick move-in homes and mortgage buydown incentives. Investors will be watching Q3 results, for which the company previously guided revenue between $650 million and $750 million.
At the time of this announcement, HOV was trading at $114.86 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $591.9M. The 52-week trading range was $85.69 to $162.06. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.