NVR Q3 EPS $130.50 Misses $131.00 Estimate
Portfolio Pulse from Benzinga Newsdesk
NVR reported Q3 earnings of $130.50 per share, missing the analyst estimate of $131.00 by 0.38%. Despite the miss, earnings increased by 4.18% from the previous year.
October 22, 2024 | 1:18 pm
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NEGATIVE IMPACT
NVR's Q3 earnings per share of $130.50 fell short of the $131.00 analyst estimate, missing by 0.38%. However, this represents a 4.18% increase from the same quarter last year.
The slight miss on earnings estimates could lead to a short-term negative impact on NVR's stock price as it may disappoint investors. However, the year-over-year increase in earnings could mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100