NVR Inc. Earnings Advance 1% In Q3

(RTTNews) - NVR Inc. (NVR) revealed a profit for its third quarter that increased from last year.

The company said its bottom line advanced to $117.39 million, or $28.46 per share. This was up from $116.47 million, or $27.11 per share, in last year's third quarter.

Analysts had expected the company to earn $29.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.2% to $1.51 billion. This was up from $1.37 billion last year.

NVR Inc. earnings at a glance:

-Earnings (Q3): $117.39 Mln. vs. $116.47 Mln. last year. -Earnings Growth (Y-o-Y): 0.8% -EPS (Q3): $28.46 vs. $27.11 last year. -EPS Growth (Y-o-Y): 5.0% -Analysts Estimate: $29.46 -Revenue (Q3): $1.51 Bln vs. $1.37 Bln last year. -Revenue Change (Y-o-Y): 10.2%