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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.

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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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