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Hovnanian Enterprises Net Profit Rises 48.9%

RTTNews | Pred 442 dňami

Hovnanian Enterprises Net Profit Rises 48.9%

(RTTNews) - Homebuilder Hovnanian Enterprises Inc. (HOV) reported Wednesday that net income for the second quarter increased 48.9 percent to $50.8 million or $6.66 per share from $34.1 million or $4.47 per share in the prior-year quarter.

Total revenues for the quarter edged up to $708.4 million from $703.7 million in the same quarter last year.

Looking ahead to the third quarter, the company expects adjusted pretax income between $65 million and $75 million and adjusted EBITDA between $97 million and $107 million on total revenues between $675 million and $775 million.

For fiscal 2024, the company now projects total revenues between $2.75 billion and $3.00 billion.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Značky: HOV

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Japan Overall Bank Lending Climbs 3.2% On Year

Japan Overall Bank Lending Climbs 3.2% On Year

The value of overall bank lending in Japan was up 3.2 percent on year in July, the Bank of Japan said on Friday - coming in at 644.396 trillion yen.

RTTNews | Pred 6 minútami

Japan June Current Account Surplus Y1.348 Trillion

Japan June Current Account Surplus Y1.348 Trillion

Japan posted a current account surplus of 1.348 trillion yen in June, the Ministry of Finance said on Friday - down 23.6 percent from a year earlier.

RTTNews | Pred 11 minútami

Singapore Bourse Due For Profit Taking On Friday

Singapore Bourse Due For Profit Taking On Friday

The Singapore stock market has climbed higher in four straight sessions, gathering more than 100 points or 2.4 percent along the way. The Straits Times Index now sits just beneath the 4,260-point plateau although investors may lock in gains on Friday.

RTTNews | Pred 21 minútami

Japan Household Spending Slumps 5.2% In June

Japan Household Spending Slumps 5.2% In June

The average of household spending in Japan was down a seasonally adjusted 5.2 percent on month in June, the Ministry of Internal Affairs and Communications aid on Friday - coming in at 316,085 yen.

RTTNews | Pred 45 minútami

Malaysia Stock Market May Be Stuck In Neutral On Friday

Malaysia Stock Market May Be Stuck In Neutral On Friday

The Malaysia stock market has moved higher in three straight sessions, collecting more than 20 points or 1.5 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,550-point plateau although it's due for consolidation on Friday.

RTTNews | Pred 51 minútami

Win Streak May End For Japan Stock Market

Win Streak May End For Japan Stock Market

The Japan stock market has moved higher in three consecutive sessions, advancing more than 760 points or 1.9 percent along the way. The Nikkei 225 now sits just shy of the 41,060-point plateau although it may spin its wheels on Friday.

RTTNews | Pred 1 h 6 min

South Korea Shares May Run Out Of Steam On Friday

South Korea Shares May Run Out Of Steam On Friday

The South Korea stock market has moved higher in four straight sessions, advancing almost 110 points or 3.6 percent along the way. The KOSPI now sits just above the 3,225-point plateau although the rally may stall on Friday.

RTTNews | Pred 1 h 21 min

Japan Data On Tap For Friday

Japan Data On Tap For Friday

Japan will release a batch of data on Friday, headlining a modest day for Asia-Pacific economic activity. On tap are June figures for household spending and current account and July numbers for bank lending and the eco watchers survey.

RTTNews | Pred 2 h 21 min

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