Hovnanian Enterprises (NYSE:HOV) reported quarterly losses of $(0.46) per share which beat the analyst consensus estimate of $(2.01) by 77.11 percent. This is a 118.93 percent decrease over earnings of $2.43 per share from the same period last year. The company reported quarterly sales of $667.645 million which beat the analyst consensus estimate of $626.400 million by 6.58 percent. This is a 2.74 percent decrease over sales of $686.471 million the same period last year.