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

NVR

23/04/2024 15:38

* NVR Inc  NVR.N  reported quarterly adjusted earnings of
$116.41​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of
$99.89.  The mean expectation of six analysts for the quarter
was for earnings of $103.97 per share. Wall Street expected
results to range from $86.89  to $111.44 per share.
    * Revenue rose 7.3% to $2.29 billion from a year ago;
analysts
expected $2.22 billion. 
    * NVR Inc's reported EPS for the quarter was $116.41​.
    * The company reported quarterly net income of $394.27
million.
    * NVR Inc shares had fallen by 3.6% this quarter and
gained 11.5%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.9%
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 "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the homebuilding
peer
group is  "hold."

Wall Street's median 12-month price target for NVR Inc is
$7,930.00 
This summary was machine generated from LSEG data April 23 at
02:38 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
 Mar. 31 2024      1.04 hundred   1.16 hundred   Beat
 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