Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Housing Starts Are Down, but NVR's Results Continue to Improve


Housing Starts Are Down, but NVR's Results Continue to Improve

The past couple months have likely made homebuilders and their investors anxious. The damage and ensuing repairs from Hurricanes Harvey, Irma, and Maria are likely going to have an impact on new housing starts in the prior quarter. That may have been the case -- housing starts were down to their lowest in 18 months -- but it didn't have much of an impact on NVR's (NYSE: NVR) most recent earnings report.

Despite the challenges this quarter posed, the company continued to post higher revenue and better than expected earnings per share. Here's a quick look at NVR's most recent results.

Image source: Getty Images.

Continue reading


Source: Fool.com

NVR Inc. Stock

€8,100.0
-0.610%
The price for the NVR Inc. stock decreased slightly today. Compared to yesterday there is a change of -€50.000 (-0.610%).

Like: 0
NVR
Share

Comments