NVR Inc. (NVR) reported earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $457.43 million, or $139.03 per share. This compares with $410.07 million, or $121.56 per share, last year.
Analysts on average had expected the company to earn $129.35 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 16.5% to $2.780 billion from $2.387 billion last year.
NVR Inc. earnings at a glance (GAAP) :
-Earnings: $457.43 Mln. vs. $410.07 Mln. last year.
-EPS: $139.03 vs. $121.56 last year.
-Revenue: $2.780 Bln vs. $2.387 Bln last year.
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