Switch to:
Hovnanian Enterprises Inc (NYSE:HOV)
Non-Recurring Items
$-12 Mil (TTM As of Oct. 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 Oct. 2014 was $-5 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Oct. 2014 was $-12 Mil.

As of today, Hovnanian Enterprises Inc's share price is $4.02. Hovnanian Enterprises Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Oct. 2014 was $1.42. Therefore, Hovnanian Enterprises Inc's P/E (NRI) ratio for today is 2.83.


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 Oct. 2014 was 2.571 (Jan. 2014 ) + -1.239 (Apr. 2014 ) + -8.09 (Jul. 2014 ) + -5.275 (Oct. 2014 ) = $-12 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 $4.02.
Hovnanian Enterprises Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Oct. 2014 was -0.17 (Jan. 2014 ) + -0.05 (Apr. 2014 ) + 0.11 (Jul. 2014 ) + 1.53 (Oct. 2014 ) = $1.42.

* 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

Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14
Non Operating Income 19-321-28-3734116-6-28-19-27

Hovnanian Enterprises Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
Non Operating Income 4-6824-5-43-1-8-5
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK