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NVR Inc. Profit Advances In Q1

NVR Inc. (NVR) announced earnings for its first quarter that increased from the same period last year.

The company's earnings totaled $166.05 million, or $39.34 per share. This compares with $102.92 million, or $25.12 per share, in last year's first quarter.

Analysts had expected the company to earn $31.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.2% to $1.49 billion from $1.25 billion last year.

NVR Inc. earnings at a glance:

-Earnings (Q1): $166.05 Mln. vs. $102.92 Mln. last year.
-EPS (Q1): $39.34 vs. $25.12 last year.
-Analysts Estimate: $31.95
-Revenue (Q1): $1.49 Bln vs. $1.25 Bln last year.

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