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Hovnanian Enterprises Inc (NYSE:HOV)
Non-Recurring Items
$9 Mil (TTM As of Apr. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Hovnanian Enterprises Inc's non-recurring items for the three months ended in Apr. 2014 was $-1 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Apr. 2014 was $9 Mil.

As of today, Hovnanian Enterprises Inc's share price is $4.20. Hovnanian Enterprises Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Apr. 2014 was $-0.02. Therefore, Hovnanian Enterprises Inc's P/E (NRI) ratio for today is .


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Hovnanian Enterprises Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Apr. 2014 was 3.69 (Jul. 2013 ) + 4.474 (Oct. 2013 ) + 2.571 (Jan. 2014 ) + -1.239 (Apr. 2014 ) = $9 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Hovnanian Enterprises Inc's P/E (NRI) Ratio for today is calculated as

Hovnanian Enterprises Inc's Share Price of today is $4.20.
Hovnanian Enterprises Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Apr. 2014 was 0.05 (Jul. 2013 ) + 0.15 (Oct. 2013 ) + -0.17 (Jan. 2014 ) + -0.05 (Apr. 2014 ) = $-0.02.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Hovnanian Enterprises Inc Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
Non Operating Income -719-321-28-37364163-2411

Hovnanian Enterprises Inc Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
Non Operating Income 25297-8421443-1
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