Edition:
India

NVR, Inc. Announces Second Quarter Results


Friday, 19 Jul 2019 

July 19 (Reuters) - NVR Inc ::NVR, INC. ANNOUNCES SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $53.09.Q2 REVENUE ROSE 1 PERCENT TO $1.8 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $44.82 -- REFINITIV IBES DATA.NEW ORDERS IN Q2 OF 2019 INCREASED BY 6% TO 5,239 UNITS.BACKLOG OF HOMES SOLD BUT NOT SETTLED AS OF JUNE 30, 2019 DECREASED ON A UNIT BASIS BY 6% TO 9,530 UNITS.AVERAGE SALES PRICE OF NEW ORDERS IN Q2 OF 2019 WAS $358,600, A DECREASE OF 5%.SETTLEMENTS INCREASED IN Q2 OF 2019 TO 4,720 UNITS, WHICH WAS 2% HIGHER THAN Q2 OF 2018.HOMEBUILDING REVENUES OF $1.76 BILLION IN Q2 OF 2019 WERE RELATIVELY FLAT COMPARED TO Q2 OF 2018. 

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21 Aug 2019