Hovnanian Enterprises, Inc. HOV Gain On Consolidation Of Joint Venture
Gain On Consolidation Of Joint Venture at other companies
Other financials
Where this comes from
Reported directly by Hovnanian Enterprises, Inc. in its filing.
Tagged under the XBRL concept hov:GainOnConsolidationOfJointVenture.
The official record: Hovnanian Enterprises, Inc.’s 10-Q, filed June 2, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hovnanian Enterprises, Inc.'s gain on consolidation of joint venture?
- Hovnanian Enterprises, Inc. (HOV) reported gain on consolidation of joint venture of $30K in Q1 2026.
- What does gain on consolidation of joint venture mean?
- This represents the non-cash accounting gain recognized when the company gains control over a previously unconsolidated joint venture, requiring it to be consolidated into the financial statements. It reflects the fair value adjustment of the company's existing interest in the venture upon achieving control. This metric is critical for understanding one-time accounting impacts on net income that do not represent recurring operational cash flow.