MATAWAN, N.J. (AP) — MATAWAN, N.J. (AP) — Hovnanian Enterprises Inc. (HOV) on Tuesday reported earnings of $97.3 million in its fiscal fourth quarter.
On a per-share basis, the Matawan, New Jersey-based company said it had profit of $13.05. Earnings, adjusted to extinguish debt, came to $15.57 per share.
The homebuilder posted revenue of $887 million in the period.
For the year, the company reported profit of $205.9 million, or $26.88 per share. Revenue was reported as $2.76 billion.
For the current quarter ending in January, Hovnanian said it expects revenue in the range of $525 million to $625 million.
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