NVR Inc. Reports 58% Rise In Q1 Earnings


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(RTTNews.com) - NVR Inc. ( NVR ) reported earnings for its first quarter that rose compared to the same period last year.

The company said its bottom line advanced to $102.92 million, or $25.12 per share. This was up from $65.30 million, or $15.79 per share, in last year's first quarter.

Analysts had expected the company to earn $21.03 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.6% to $1.25 billion. This was up from $1.12 billion last year.

NVR Inc. earnings at a glance:


-Earnings (Q1): $102.92 Mln. vs. $65.30 Mln. last year.
-Earnings Growth (Y-o-Y): 57.6%
-EPS (Q1): $25.12 vs. $15.79 last year.
-EPS Growth (Y-o-Y): 59.1%
-Analysts Estimate: $21.03
-Revenue (Q1): $1.25 Bln vs. $1.12 Bln last year.
-Revenue Change (Y-o-Y): 11.6%


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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: NVR , TRI


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