NVR Inc reports results for the quarter ended in September 30 - Earnings Summary

NVR

22/10/2024 15:15

* NVR Inc  NVR.N  reported quarterly adjusted earnings of
$130.50​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $125.26.  The mean expectation of seven analysts for the
quarter was for earnings of $131.00 per share. Wall Street
expected results to range from $127.00  to $139.55 per share.
    * Revenue rose 6.6% to $2.68 billion from a year ago;
analysts
expected $2.66 billion. 
    * NVR Inc's reported EPS for the quarter was $130.50​.
    * The company reported quarterly net income of $429.32
million.
    * NVR Inc shares had fallen by 1.6% this quarter and
gained 37.9%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

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
9,500.00 
This summary was machine generated from LSEG data October 22 at
02:15 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
 Jan. 1 0001       1.31 hundred   1.31 hundred   Missed
 Jun. 30 2024      1.21 hundred   1.21 hundred   Missed
 Mar. 31 2024                     1.16 hundred   
 Dec. 31 2023                     1.22 hundred