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NVR Inc. Reveals Gain In Q3 Profit

NVR Inc. (NVR) reported a profit for its third quarter that increased from last year.

The company's earnings totaled $256.47 million, or $65.11 per share. This compares with $223.79 million, or $56.11 per share, in last year's third quarter.

Analysts had expected the company to earn $59.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.7% to $1.92 billion from $1.87 billion last year.

NVR Inc. earnings at a glance:

-Earnings (Q3): $256.47 Mln. vs. $223.79 Mln. last year.
-EPS (Q3): $65.11 vs. $56.11 last year.
-Analysts Estimate: $59.79
-Revenue (Q3): $1.92 Bln vs. $1.87 Bln last year.

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