Hovnanian Enterprises, Inc. (NYSE:HOV) is due to report earnings after the closing bell on Wednesday, September 7, 2011.
HOV trades an average of 2.4 million shares per day. Hovnanian Enterprises, Inc. engages in homebuilding and financial services businesses in the United States. The company was founded in 1959 and is headquartered in Red Bank, New Jersey.
52-Week High: $5.00
52-Week Low: $1.20
Book Value: $-3.71
Float Short: 24.64%
Analysts are expecting an improvement of $0.23 in earnings per share compared to last quarter's results of $-0.69. The reporting quarter's estimated mean earnings are $-0.46 per share. Analyst estimates range between $-0.56 and $-0.28 per share.
In the last month, the stock has increased in price 13.57%, with a one-year change of -56.79%.
Comparing to the S&P 500 price changes, the price performances are 13.16% vs. the S&P 500 from a month ago, and year-to-date difference is -59.40% vs. the S&P 500 price change.
For the same fiscal period year-over-year, revenue has declined to $1.37 billion for 2010 vs. $1.60 billion for 2009. The bottom line has rising earnings year-over-year of $2.59 million for 2010 vs. $-716.71 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $-223.37 million for 2010 vs. $-941.51 million for 2009.
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Apr-11||$ 259.01 M||$ 255.10 M||$ -3.91 M||-1.51%|
|Jan-11||$ 241.97 M||$ 252.57 M||$ 10.60 M||4.38%|
|Oct-10||$ 288.26 M||$ 353.01 M||$ 64.75 M||22.46%|
|Jul-10||$ 393.54 M||$ 380.60 M||$ -12.94 M||-3.29%|
|Apr-10||$ 357.45 M||$ 318.58 M||$ -38.87 M||-10.87%|
M = millions, B = billions
Differences are rounded.
Some one-time items are often excluded in reported EPS.
Reported earnings per share compared to the mean estimate. Differences are rounded.
I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, Google Finance, MSN Money, CNBC, Zacks and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.