UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 1-12378 NVR, Inc. (Exact name of registrant as specified in its charter) Virginia 54-1394360 (State or other jurisdic ...

NVR, Inc. (NVR) reported mixed third-quarter 2024 results, with earnings missing the Zacks Consensus Estimate and Homebuilding revenues surpassing the same. On the other hand, both metrics increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.This upside was backed by improved demand trends, which resulted in higher settlements. Although the cancellation rate increased in the quarter, growth in new orders is encouraging for the company.Shares of this le ...

Exhibit 99.1 NVR, INC. ANNOUNCES THIRD QUARTER RESULTS October 22, 2024, Reston, VA—NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its third quarter ended September 30, 2024 of $429.3 million, or $130.50 per diluted share. For the third quarter ended September 30, 2024, net income decreased 1% and diluted earnings per share increased 4%, when compared to 2023 third quarter net income of $433.2 million, or $125.26 per diluted share. Co ...

NVR (NVR) came out with quarterly earnings of $130.50 per share, missing the Zacks Consensus Estimate of $132.08 per share. This compares to earnings of $125.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.20%. A quarter ago, it was expected that this homebuilder would post earnings of $121.65 per share when it actually produced earnings of $120.69, delivering a surprise of -0.79%.Over the last four quarters, the company ...

NVR, Inc. (NVR) is likely to generate higher earnings and homebuilding revenues in third-quarter 2024 on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, earnings slightly missed the Zacks Consensus Estimate, while the homebuilding revenues beat the same by 2.7%. On a year-over-year basis, earnings and homebuilding revenues increased 3.6% and 12%, respectively.The company’s earnings topped analysts’ expectations in six of the trail ...

NVR, Inc.'s (NVR) stock gained 34.9% in the year-to-date period compared with the Zacks Building Products - Home Builders industry's 25.2% growth, the Zacks Construction sector's 22% rise and the S&P 500's 20.8% rally. The stock has been rallying on a recent rate cut by the Federal Reserve, announced last month. NVR, which engages in the construction and sale of single-family detached homes, townhomes and condominium buildings, has been benefiting from improving demand, a disciplined business model, and str ...

Jessie Casson/DigitalVision via Getty Images Introduction Shares of NVR, Inc. (NYSE:NVR) have been on a role lately, rising 29% year to date and 24% since my initial coverage back in March 2024. At the time, my investment thesis was built around the fact that the company had an asset-light operating model through strategic purchasing of finished building lots which gives the company flexibility, reduces risk, and boosts return on capital. For those reasons, I felt comfortable underwriting a premium valuatio ...

A month has gone by since the last earnings report for NVR (NVR) . Shares have added about 6.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is NVR due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. NVR Q2 Earnings Miss, Homebuilding Revenues Top NVR reported mixed ...

NVR (NVR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors often find it ...

财务表现 - 公司第二季度营收为26.12亿美元，同比增长12%[133] - 第二季度净利润为4.01亿美元，每股摊薄收益为120.69美元，同比分别下降1%和增长4%[133] - 第二季度毛利率为23.6%，同比下降0.7个百分点[133] - 公司上半年总营收为43.34亿美元，平均销售价格为4.57万美元[153] - 公司上半年总结算量为10,748套，平均销售价格为4.5万美元[155] - 公司整体毛利率在第二季度和前六个月均有所下降，主要受到成本上升的影响[180,181,182] - 公司整体税前利润在第二季度和前六个月均有所增长[182] - 公司调整和其他项目对整体利润有一定影响[180,182] 订单情况 - 第二季度新订单量增加3%，新订单平均价格增加3%[133,137] - 第二季度结算量增加11%[135] - 截至6月30日的订单总额为54.54亿美元，同比增长6%[142] - 截至6月30日的订单量为11,597套，同比增加3%[142] - 公司上半年新订单取消率为12.1%、14.6%、14.5%和12.6%[158] - 公司上半年平均活跃社区数量为155、33、100和142[159] - 公司6月30日总订单量为11,597套，平均价格为4.7万美元[157] - 公司6月30日总土地储备为14.97万宗[162] 区域表现 - 公司上半年中大西部地区营收为21.52亿美元，毛利率为25.2%[148,149,150] - 公司上半年东北部地区营收为5.43亿美元，毛利率为26.4%[148,149,150] - 公司上半年中东部地区营收为8.51亿美元，毛利率为22.2%[148,149,150] - 公司上半年东南部地区营收为12.89亿美元，毛利率为23.3%[148,149,150] - 中大西洋地区第二季度营收增加约7%，主要由于结算单位数量增加8%[164] - 中大西洋地区前六个月营收增加约8%，主要由于结算单位数量增加9%[166] - 东北地区第二季度营收增加约23%，主要由于结算单位数量增加13%和平均结算价格增加9%[168] - 东北地区前六个月营收增加约30%，主要由于结算单位数量增加20%和平均结算价格增加9%[170] - 中东地区前六个月营收增加约5%，主要由于结算单位数量增加3%[174] - 东南地区第二季度营收增加约19%，主要由于结算单位数量增加22%[176] - 东南地区前六个月营收增加约9%，主要由于结算单位数量增加15%[178] 抵押贷款业务 - 贷款结算量在三个月和六个月期间分别增加了11%[189] - 抵押贷款业务分部利润在三个月和六个月期间分别增加了22%和13%[190][191] 财务状况 - 公司预计未来季度的有效税率会出现波动,因为股权激励产生的超额税收抵免金额取决于公司股价和行权时间[193][194] - 公司目前的现金储备、经营活动产生的现金流以及信贷额度可以满足短期和长期的现金需求[195][196][197][198][199] - 公司继续通过回购股票来提高股东价值[200] - 公司的高级票据和信贷协议中包含一些限制条款,但截至2024年6月30日公司都符合相关要求[201][202][203][204] - 2024年上半年经营活动产生的现金流为3.792亿美元,主要用于增加库存和抵押贷款活动[205][206][207]