NVR: Q2 Earnings Snapshot
In this article:
RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Tuesday reported second-quarter earnings of $400.9 million.
The Reston, Virginia-based company said it had net income of $120.69 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $121.65 per share.
The homebuilder posted revenue of $2.55 billion in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $2.48 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVR at https://www.zacks.com/ap/NVR