MATAWAN, N.J. (AP) — MATAWAN, N.J. (AP) — Hovnanian Enterprises Inc. (HOV) on Wednesday reported earnings of $50.8 million in its fiscal second quarter.
On a per-share basis, the Matawan, New Jersey-based company said it had net income of $6.66.
The homebuilder posted revenue of $708.4 million in the period.
Hovnanian expects full-year earnings to be $25 to $29 per share, with revenue in the range of $2.75 billion to $3 billion.
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