NVR Inc reports results for the quarter ended in December - Earnings Summary

NVR

30/01/2024 15:18

* NVR Inc  NVR.N  reported quarterly adjusted earnings of
$121.56​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of $133.44.  The mean expectation of seven analysts for the
quarter was for earnings of $121.50 per share. Wall Street
expected results to range from $109.00  to $135.82 per share.
    * Revenue fell 10.5% to $2.39 billion from a year ago;
analysts
expected $2.59 billion. 
    * NVR Inc's reported EPS for the quarter was $121.56​.
    * The company reported quarterly net income of $410.08
million.
    * NVR Inc shares had risen by 1.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the homebuilding
peer
group is also "hold"

Wall Street's median 12-month price target for NVR Inc is
$7,430.00 
This summary was machine generated from LSEG data January 30 at
03:18 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.22 hundred   1.22 hundred   Beat
 Sep. 30 2023      1.16 hundred   1.25 hundred   Beat
 Jun. 30 2023      1.00 hundred   1.17 hundred   Beat
 Mar. 31 2023      88.96          99.89          Beat