09:37 AM EDT, 08/21/2025 (MT Newswires) -- Hovnanian Enterprises ( HOV ) shares were down over 4% in early trading Thursday after the company reported fiscal Q3 earnings of $1.99 per diluted share, down from $9.75 a year earlier.

Total revenue for the quarter ended July 31 was $800.6 million, up from $722.7 million a year earlier.

An analyst surveyed by FactSet expected $801.2 million.

The company said it expects fiscal Q4 revenue of $750 million to $850 million. An analyst surveyed by FactSet expects $803.6 million.