NVR Q1 Earnings & Homebuilding Revenues Beat, Orders Up
D.R. Horton(DHI) Zacks Investment Research·2024-04-25 01:41
NVR, Inc. (NVR) reported impressive first-quarter 2024 results, with earnings and Homebuilding revenues surpassing the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. The upside was backed by improved demand trends, which resulted in higher order volumes.Shares of this leading homebuilder inched up 0.4% during the trading session on Apr 23, 2024.Inside the NumbersThe company reported earnings of $116.41 per share, which topped the consensus mark of $106.03 by 9.8%. ...