Q1 2006 Hovnanian Enterprises, Inc. Earnings Conference Call - Research and Markets Offers a Brief of Hovnanian Enterprises, Inc. Conference Call

Business Wire, March 2, 2006

DUBLIN, Ireland -- The Hovnanian Enterprises, Inc. (NYSE:HOV) Corporate Conference Call took place on 2-Mar-06 11:00am ET.

Management reported that total revenues for 1Q06 increased 21% to $1.3b, up from $1.1b in 1Q05. HOV reported earnings of $1.25 per fully diluted common share for 1Q06. HOV expects revenues in FY06 to increase more than 28% to between $6.8-7.0b. HOV is reaffirming its EPS projection for FY06 of between $8.05-8.40 per fully diluted share. 2Q06 earnings are expected to be approx. $1.55-1.80 per fully diluted common share, representing only 19-21% of 2006 earnings projections.

More information on this Conference Call can be obtained from Research and Markets at http://www.researchandmarkets.com/transcripts/82169

This document provides a non-biased summary of the conference call detailing the key points and the full Q&A session.