Skip to main content

NVR: Q1 Earnings Snapshot

RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Wednesday reported first-quarter net income of $198.4 million.

The Reston, Virginia-based company said it had profit of $67.76 per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $78.25 per share.

The homebuilder posted revenue of $1.83 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.99 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVR at https://www.zacks.com/ap/NVR

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story