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Hovnanian Enterprises Inc (NYSE:HOV)
Non-Recurring Items
$-14 Mil (TTM As of Apr. 2015)

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. 2015 was $-0 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Apr. 2015 was $-14 Mil.

As of today, Hovnanian Enterprises Inc's share price is $1.78. Hovnanian Enterprises Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Apr. 2015 was $1.41. Therefore, Hovnanian Enterprises Inc's P/E (NRI) ratio for today is 1.26.


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. 2015 was -8.09 (Jul. 2014 ) + -5.275 (Oct. 2014 ) + -0.092 (Jan. 2015 ) + -0.322 (Apr. 2015 ) = $-14 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 $1.78.
Hovnanian Enterprises Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Apr. 2015 was 0.11 (Jul. 2014 ) + 1.53 (Oct. 2014 ) + -0.1 (Jan. 2015 ) + -0.13 (Apr. 2015 ) = $1.41.

* 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

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
Non Operating Income 24-5-41-1-8-5-0-0
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