Hovnanian Enterprises Reports Fiscal 2025 First Quarter Results
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Hovnanian Enterprises reported a strong fiscal 2025 first quarter with a 13% increase in total revenues and a 22% rise in income before taxes year-over-year. The company also saw a 7% growth in quarterly consolidated contracts and a 29% increase in total consolidated lots controlled.
February 24, 2025 | 2:30 pm
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Hovnanian Enterprises reported a 13% increase in revenues and a 22% rise in income before taxes for Q1 2025, indicating strong financial performance. The company also experienced growth in contracts and lots controlled.
The significant increase in revenues and income before taxes suggests strong operational performance, likely boosting investor confidence and positively impacting HOV's stock price in the short term.
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