NVR: 4Q Earnings Snapshot
RESTON, Va. (AP) _ NVR Inc. (NVR) on Friday reported fourth-quarter earnings of $232.2 million.
On a per-share basis, the Reston, Virginia-based company said it had profit of $58.57.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $48.46 per share.
The homebuilder posted revenue of $1.95 billion in the period.
For the year, the company reported profit of $797.2 million, or $194.80 per share. Revenue was reported as $7 billion.
NVR shares have risen 3.5 percent since the beginning of the year. The stock has declined 30 percent in the last 12 months.