Hovnanian (HOV -3.5%) slips today despite beating on its FQ3 bottom line, as revenue disappoints...

|About: Hovnanian Enterprises, Inc. (HOV)|By:, SA News Editor

Hovnanian (HOV -3.5%) slips today despite beating on its FQ3 bottom line, as revenue disappoints on the whisper number. Total sales jumped 35% Y/Y, as the home builder saw double-digit revenue growth and an increase in net contracts, the latest sign of improvement in the housing market.