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GuruFocus has detected 3 Warning Signs with Hovnanian Enterprises Inc $HOV.
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Hovnanian Enterprises Inc (NYSE:HOV)
Non-Recurring Items
$-8 Mil (TTM As of Jan. 2017)

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 Jan. 2017 was $4 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Jan. 2017 was $-8 Mil.

As of today, Hovnanian Enterprises Inc's share price is $2.55. Hovnanian Enterprises Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jan. 2017 was $0.09. Therefore, Hovnanian Enterprises Inc's P/E (NRI) ratio for today is 29.65.


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 Jan. 2017 was -2.493 (Apr. 2016 ) + -2.401 (Jul. 2016 ) + -7.193 (Oct. 2016 ) + 4.393 (Jan. 2017 ) = $-8 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 $2.55.
Hovnanian Enterprises Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Jan. 2017 was -0.06 (Apr. 2016 ) + -0.003 (Jul. 2016 ) + 0.15 (Oct. 2016 ) + -0.001 (Jan. 2017 ) = $0.09.

* 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

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
Non Operating Income 3-0-0-0-4-3-2-2-74
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