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GuruFocus has detected 4 Warning Signs with Hovnanian Enterprises Inc $HOV.
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Hovnanian Enterprises Inc (NYSE:HOV)
Non-Recurring Items
$-15 Mil (TTM As of Oct. 2016)

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. 2016 was $-7 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Oct. 2016 was $-15 Mil.

As of today, Hovnanian Enterprises Inc's share price is $2.41. Hovnanian Enterprises Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Oct. 2016 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 Oct. 2016 was -2.864 (Jan. 2016 ) + -2.493 (Apr. 2016 ) + -2.401 (Jul. 2016 ) + -7.193 (Oct. 2016 ) = $-15 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 $2.41.
Hovnanian Enterprises Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Oct. 2016 was -0.11 (Jan. 2016 ) + -0.06 (Apr. 2016 ) + -0.003 (Jul. 2016 ) + 0.15 (Oct. 2016 ) = $-0.02.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Hovnanian Enterprises Inc Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
Non Operating Income -28-3734116-6-52102-2-12

Hovnanian Enterprises Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
Non Operating Income -13-0-0-0-4-3-2-2-7
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