NVR, Inc. (NVR) Tops Q4 EPS by 90c; New Orders Up 22%
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NVR, Inc. (NYSE: NVR) reported Q4 EPS of $11.98, $0.90 better than the analyst estimate of $11.08. Revenue for the quarter came in at $943.74 million versus the consensus estimate of $905.6 million.
New orders in the fourth quarter of 2012 increased 22% to 2,625 units, when compared to 2,158 units in the fourth quarter of 2011. Settlements increased in the fourth quarter of 2012 to 2,788 units, 17% higher than the same period in 2011. The Company's backlog of homes sold but not settled at the end of 2012 increased on a unit basis by 35% to 4,979 units and on a dollar basis by 49% to $1,723,914,000 when compared to the prior year end.
For earnings history and earnings-related data on NVR, Inc. (NVR) click here.
New orders in the fourth quarter of 2012 increased 22% to 2,625 units, when compared to 2,158 units in the fourth quarter of 2011. Settlements increased in the fourth quarter of 2012 to 2,788 units, 17% higher than the same period in 2011. The Company's backlog of homes sold but not settled at the end of 2012 increased on a unit basis by 35% to 4,979 units and on a dollar basis by 49% to $1,723,914,000 when compared to the prior year end.
For earnings history and earnings-related data on NVR, Inc. (NVR) click here.
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