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NVR: 2Q Earnings Snapshot

RESTON, Va. (AP) _ NVR Inc. (NVR) on Friday reported second-quarter profit of $203.2 million.

The Reston, Virginia-based company said it had profit of $49.05 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $46.21 per share.

The homebuilder posted revenue of $1.75 billion in the period.

NVR shares have declined 9.5 percent since the beginning of the year. The stock has risen 28 percent in the last 12 months.

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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