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NVR Inc. Bottom Line Advances In Q1

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

The company's bottom line totaled $188.41 million, or $47.64 per share. This compares with $166.05 million, or $39.34 per share, in last year's first quarter.

Analysts had expected the company to earn $34.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.1% to $1.64 billion from $1.49 billion last year.

NVR Inc. earnings at a glance:

-Earnings (Q1): $188.41 Mln. vs. $166.05 Mln. last year.
-EPS (Q1): $47.64 vs. $39.34 last year.
-Analysts Estimate: $34.45
-Revenue (Q1): $1.64 Bln vs. $1.49 Bln last year.

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