NVR: Q2 Earnings Snapshot
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RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Tuesday reported second-quarter earnings of $404 million.
The Reston, Virginia-based company said it had net income of $116.54 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $100.98 per share.
The homebuilder posted revenue of $2.28 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $2.38 billion.
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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
