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RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Tuesday reported third-quarter profit of $429.3 million.
The Reston, Virginia-based company said it had profit of $130.50 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $132.08 per share.
The homebuilder posted revenue of $2.68 billion in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $2.66 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVR at https://www.zacks.com/ap/NVR