NVR Q4 Earnings & Homebuilding Revenues Beat Estimates, Up Y/Y
NVR's fourth-quarter 2024 results reflect strong settlements and an increase in the average selling price of new orders, despite a decline in order volume.
NVR (NVR) Beats Q4 Earnings and Revenue Estimates
NVR (NVR) came out with quarterly earnings of $139.93 per share, beating the Zacks Consensus Estimate of $126.41 per share. This compares to earnings of $121.56 per share a year ago.
NVR (NVR) Earnings Expected to Grow: What to Know Ahead of Q4 Release
NVR (NVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
3 Homebuilding Stocks for Higher Return Defying Industry Challenges
Although higher mortgage rates and land/labor costs pose risks, better operating leverage and marketing strategies are likely to drive homebuilders like NVR, PHM and TMHC.
Existing Home Sales Climb in November: What's in for Homebuilders?
Existing home sales grew 4.8% in November 2024 on a month-over-month basis on the back of increased employment and optimism around Fed rate cuts.
NVR Stock Down as Q3 Earnings Lag, Homebuilding Revenues Top
The third-quarter 2024 results of NVR reflect strong housing demand evidenced by increased settlements and new order growth.
NVR (NVR) Q3 Earnings Lag Estimates
NVR (NVR) came out with quarterly earnings of $130.50 per share, missing the Zacks Consensus Estimate of $132.08 per share. This compares to earnings of $125.26 per share a year ago.
NVR Gears Up to Report Q3 Earnings: What's in the Offing?
NVR's third-quarter 2024 performance is likely to have benefited from an improving housing backdrop and a solid business model.
NVR Gains 35% YTD: Will Rate Cut Push the Stock to New Highs?
NVR is benefiting from a solid housing market and disciplined business model.
High But Declining Rates Set NVR Up For Success
NVR is well-positioned to benefit from high but declining mortgage rates and low housing supply, making it a strong "Buy" despite its higher valuation. Declining but high mortgage rates are expected to boost buyer demand, benefiting NVR as homeowners remain locked into lower rates. With favorable macroeconomic conditions, NVR is likely to continue its strong performance in the medium term.
NVR: An Awesome Compounder That's Run Up Too Far Too Fast
NVR shares have surged 29% year to date, as investor sentiment on the company and homebuilding sector more broadly has shifted. Despite strong performance in the latest quarter, the current valuation appears less attractive due to a slowing housing market and high mortgage rates. NVR's Q2'24 revenue grew 11.6% YoY, with strong new orders and a solid balance sheet, but margins slightly decreased.
Why Is NVR (NVR) Up 6.1% Since Last Earnings Report?
NVR (NVR) reported earnings 30 days ago. What's next for the stock?
