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Benzinga
Benzinga
Business
Zacks

NVR Gears Up To Report Q2 Earnings: What's In The Offing?

NVR, Inc.'s (NYSE:NVR) second-quarter 2022 earnings and revenues are expected to have increased on a year-over-year basis, courtesy of higher pricing.

In the last reported quarter, the top and bottom lines beat the respective Zacks Consensus Estimate. On a year-over-year basis, earnings increased 84%. Total revenues (Homebuilding & Mortgage Banking fees combined), however, grew 17% on a year-over-year basis.

NVR has a strong earnings surprise history, having surpassed analysts' expectations in 11 of the trailing 14 quarters.

Trend in Estimate Revision

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