NVR, Inc. (NVR) Tops Q1 EPS by $13.20, Revenues Beat

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Go back to NVR, Inc. (NVR) Tops Q1 EPS by $13.20, Revenues Beat

NVR, Inc. Announces First Quarter Results

April 22, 2019 9:00 AM EDT

RESTON, Va., April 22, 2019 /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, 2019 of $188,406,000, or $47.64 per diluted share.  Net income and diluted earnings per share for the first quarter ended March 31, 2019 increased 13% and 21%, respectively, when compared to 2018 first quarter net income of $166,049,000, or $39.34 per diluted share.  Consolidated revenues for the first quarter of 2019 totaled $1,687,011,000, a 10% increase from $1,529,414,000 in the first quarter of 2018.

Homebuilding

New orders in the first quarter of 2019... More