NVR Inc. reported its third-quarter earnings, falling short of Wall Street's expectations. The company reported a net income of $429.32 million, or $130.50 per share, compared to $433.16 million, or $125.26 per share, in the same period last year. Analysts, according to data from Thomson Reuters, had projected earnings of $131.00 per share, excluding any special items.
Despite missing profit estimates, NVR's revenue increased by 6.6%, reaching $2.677 billion, up from $2.512 billion in the previous year.
**Summary of NVR Inc.'s Q3 Financial Performance (GAAP):**
- **Net Income**: $429.32 million, compared to $433.16 million in the prior year.
- **Earnings Per Share (EPS)**: $130.50, versus $125.26 last year.
- **Revenue**: $2.677 billion, up from $2.512 billion in the prior year.
