RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Tuesday reported first-quarter earnings of $299.6 million.
The Reston, Virginia-based company said it had profit of $94.83 per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $107.87 per share.
The homebuilder posted revenue of $2.35 billion in the period.
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