NVR: Q4 Earnings Snapshot – WTOP News

RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Wednesday reported fourth-quarter profit of $363.8 million.

The Reston, Virginia-based company said it had profit of $121.54 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $104.96 per share.

The homebuilder posted revenue of $2.64 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $2.35 billion.

For the year, the company reported profit of $1.34 billion, or $436.55 per share. Revenue was reported as $10.09 billion.

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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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