NVR Q1 2024 GAAP EPS $116.41 Beats $103.97 Estimate, Sales $2.286B Beat $2.221B Estimate
Portfolio Pulse from Benzinga Newsdesk
NVR Inc. reported Q1 2024 earnings of $116.41 per share, surpassing the consensus estimate of $103.97 by 11.96%. Quarterly sales reached $2.286 billion, exceeding the $2.221 billion estimate by 2.91% and marking a 4.96% increase from the previous year.
April 23, 2024 | 1:03 pm
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NVR Inc. reported a significant beat on both earnings per share and sales for Q1 2024, with EPS at $116.41 against estimates of $103.97 and sales of $2.286 billion against estimates of $2.221 billion.
NVR's significant beat on both EPS and sales estimates for Q1 2024 indicates strong financial performance and operational efficiency, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100