NVR Inc. Q3 Income Climbs, Beats estimates

(RTTNews) - NVR Inc. (NVR) released a profit for its third quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $433.16 million, or $125.26 per share. This compares with $411.39 million, or $118.51 per share, in last year's third quarter.

Analysts on average had expected the company to earn $115.60 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 8.4% to $2.51 billion from $2.74 billion last year.

NVR Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $433.16 Mln. vs. $411.39 Mln. last year. -EPS (Q3): $125.26 vs. $118.51 last year. -Analyst Estimate: $115.60 -Revenue (Q3): $2.51 Bln vs. $2.74 Bln last year.