RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Wednesday reported second-quarter earnings of $333.7 million.
On a per-share basis, the Reston, Virginia-based company said it had net income of $108.54.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $104.89 per share.
The homebuilder posted revenue of $2.55 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $2.4 billion.
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