NVR, Inc (NVR) Misses Q4 EPS Views

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NVR, Inc. Announces First Quarter Results

April 21, 2015 9:00 AM EDT

RESTON, Va., April 21, 2015 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its first quarter ended March 31, 2015 of $39,058,000 or $9.22 per diluted share. Net income and diluted earnings per share for its first quarter ended March 31, 2015 increased 64% and 79%, respectively, when compared to the 2014 first quarter. Consolidated revenues for the first quarter of 2015 totaled $957,749,000, an 18% increase from $811,310,000 for the comparable 2014 quarter. Net income in the first quarter of 2014 was negatively impacted by the previously disclosed $6,879,000 reversal of certain income tax... More