Hovnanian Enterprises Inc (HOV) to Release Q1 2008 Earnings March 3

Hovnanian Enterprises Inc (NYSE:HOV) will release the first quarter earnings for 2008 on March 3.

Hovnanian Enterprises is involved in the design, construction, marketing and selling of single family detached homes, attached town homes and condominiums, mid rise and high rise condominiums, urban infill and active adult homes in planned residential developments in the United States.

The company is organized into two business segments, homebuilding and financial services.

The company’s homebuilding operations is comprised of six divisions, Northeast, Mid Atlantic, Midwest, Southeast, Southwest and west.  The financial services operations offer mortgage loans and title services to its homebuilding operations clientele.

The company had homes for sale in 431 communities, 47 markets and 19 states across the United States, as of October 31, 2007.

The company’s primary clientele are first time buyers, first time and second time, move up buyers, luxury buyers, active adult buyers and empty nesters.

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