Hovnanian (HOV) Q3 2026 Earnings Call Transcript
Hovnanian (HOV) reported Q3 2026 revenue of $705.7M, down from $800.6M YoY due to macro challenges. Adjusted pretax loss was $2.3M, with net loss per share at $0.70. Domestic contract backlog value rose 5.1% YoY to $881.9M. Q4 revenue guidance is $800M-$900M, with adjusted gross margin expected at 15%-16.5%. Management cited high mortgage rates and affordability concerns as risks.




