NVR Inc is a leading homebuilder and mortgage banking company in the United States, primarily focused on the construction and sale of single-family homes and townhomes
The company operates under various brand names, offering a wide range of customizable housing options to meet diverse customer preferences and needs. In addition to its homebuilding activities, NVR also provides mortgage services to streamline the home buying process for its customers. With a strong emphasis on quality and customer satisfaction, NVR strives to deliver value through innovative home designs and efficient construction practices across its markets.
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will be announcing earnings results tomorrow afternoon. Here’s what investors should know.
Homebuilder NVR (NYSENVR) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 14.3% year on year to $2.78 billion. Its GAAP profit of $139.93 per share was 6.8% above analysts’ consensus estimates.
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NVR has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 9.3% to $8,176 per share while the index has gained 7.9%.
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Homebuilder NVR (NYSENVR) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 6.4% year on year to $2.73 billion. Its GAAP profit of $130.49 per share wasin line with analysts’ consensus estimates.
