India, Aug. 21 -- Hovnanian Enterprises Inc. (HOV) announced earnings for third quarter that Dropped, from last year

The company's earnings came in at $13.946 million, or $1.99 per share. This compares with $70.250 million, or $9.75 per share, last year.

The company's revenue for the period rose 10.8% to $800.583 million from $722.704 million last year.

Hovnanian Enterprises Inc. earnings at a glance (GAAP) :

-Earnings: $13.946 Mln. vs. $70.250 Mln. last year.-EPS: $1.99 vs. $9.75 last year.-Revenue: $800.583 Mln vs. $722.704 Mln last year.

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Looking ahead, for the fourth quarter, Hovnanian Enterprises anticipates a steep decline in adjusted EBITDA and ...