Hovnanian Enterprises Misses Earnings Estimate - Due Diligence

NEW YORK, NY / ACCESSWIRE / September 10, 2015 / Hovnanian Enterprises, Inc. (NYSE MKT: HOV) closed yesterday at $2.07, up 5.61%. Shares traded as low as $1.75 as news of an earnings disappointment came out, but rebounded quickly after the announcement.

Our due diligence may inform investors as to why the share price is up after a missed earnings call. Get our brief report at the link below.

http://bit.ly/_HOV_Due_Diligence

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About Hovnanian Enterprises, Inc.

Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active adult homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active adult buyers, and empty nesters in 201 communities in 34 markets.

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This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company refers interested persons to its most recent Annual Report on Form 10-K and its other SEC filings for a description of additional uncertainties and factors, which may affect forward-looking statements. The company assumes no duty to update its forward-looking statements.

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