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Peabody Energy Corporation (NYSE:BTU), (CANG) - Let s Take A Look At This Weeks Top Performing Sectors

Peabody Energy Corporation (NYSE:BTU), (CANG) - Let s Take A Look At This Weeks Top Performing Sectors
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Hovnanian Enterprises Reports Fiscal 2021 First Quarter Results

First Quarter Gross Margin Percentage Increased 440 Basis Points Year-over-Year 85% Year-over-Year Increase in Consolidated Backlog Dollars to $1.67 Billion 51% Year-over-Year Increase in Land and Land Development Spend MATAWAN, N.J., March 02, 2021 (GLOBE NEWSWIRE) Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2021. RESULTS FOR THE FIRST QUARTER ENDED JANUARY 31, 2021:   Total revenues increased 16.3% to $574.7 million in the first quarter of fiscal 2021, compared with $494.1 million in the same quarter of the prior year. Homebuilding gross margin percentage, after cost of sales interest expense and land charges, increased 440 basis points to 17.3% for the three months ended January 31, 2021 compared with 12.9% during the same period a year ago.

Hovnanian: Fiscal 1Q Earnings Snapshot

MATAWAN, N.J. (AP) Hovnanian Enterprises Inc. (HOV) on Tuesday reported fiscal first-quarter net income of $19 million, after reporting a loss in the same period a year earlier.On a per-share basis, the Matawan, New Jersey-based company said it had profit of $2.75. Earnings, adjusted for asset impairment costs, were $2.99 per share.The homebuilder posted revenue of $574.7 million in the period.Hovnanian shares have increased 80% since the beginning of the year. The stock has more than doubled in the last 12 months. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HOV at https://www.zacks.

Summit Materials, Inc (NYSE:SUM)- Stocks under Profitability Radar: Hovnanian Enterprises (NYSE:HOV)

Summit Materials, Inc. (NYSE:SUM) need to consider for profitability analysis, in latest session share price swings at $23.85 with percentage change of -2.13%. The Co has positive 3.80% profit margin to find consistent trends in a firm’s earnings. Gross profit margin and operating profit margin are its sub parts that firm have 33.40% and 10.40% respectively. SUM has returns on investment of 4.20%. The returns on assets were 2.30% that gives an idea about how efficient management is at using its assets to generate earnings. It has returns on equity of 9.00%, which is measuring profitability by disclosing how much profit generates by SUM with the shareholders’ money.

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