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NVR: 4Q Earnings Snapshot

January 25, 2019

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVR at https://www.zacks.com/ap/NVR

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