AD HOC NEWS Earnings
Hovnanian Enterprises stock gains as Q3 margins improve
Hovnanian Enterprises stock rose 2.59% to USD 114.58 after reporting improved quarterly margins and higher fourth-quarter revenue guidance, despite a quarterly loss. The company's adjusted gross margin reached 14.6% in fiscal Q3 2026, marking a second consecutive quarter of sequential improvement. Analysts maintain a cautious outlook, with Citizens reiterating a Sell rating and a USD 74.00 target, citing โฆ