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NYSE:NVR

NVR Q3 2023 Earnings Report

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$7,419.98 +43.89 (+0.60%)
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NVR EPS Results

Actual EPS
$125.26
Consensus EPS
$115.60
Beat/Miss
Beat by +$9.66
One Year Ago EPS
$118.51

NVR Revenue Results

Actual Revenue
$2.51 billion
Expected Revenue
$2.59 billion
Beat/Miss
Missed by -$81.50 million
YoY Revenue Growth
-8.30%

NVR Announcement Details

Quarter
Q3 2023
Time
Before Market Opens
Conference Call Date
Tuesday, October 24, 2023
Conference Call Time
7:00AM ET

Upcoming Earnings

NVR's Q2 2025 earnings is scheduled for Tuesday, July 22, 2025, with a conference call scheduled on Thursday, July 24, 2025 at 12:30 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

NVR Earnings Headlines

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About NVR

NVR (NYSE:NVR), incorporated in 1980 and headquartered in Reston, Virginia, is a diversified U.S. homebuilding and mortgage banking company. The firm develops, constructs and sells single-family detached homes, townhomes and condominium units through its Ryan Homes, NVHomes and Heartland Homes brands. NVR went public in the early 1980s and has since grown its footprint through strategic market expansion and targeted acquisitions.

The company’s operations span 18 states across the mid-Atlantic, Northeast, Midwest and Southeast regions. NVR caters to a broad buyer base, including first-time purchasers, move-up families and active adult communities. Its product portfolio ranges from entry-level designs to custom luxury offerings, all featuring flexible floor plans, contemporary finishes and energy-efficient standards to meet evolving consumer demands.

Complementing its homebuilding activities, NVR provides mortgage banking, title insurance and closing services via its wholly owned subsidiary, NVR Mortgage. This integrated financial services platform streamlines the home purchase process, offering in-house underwriting, competitive financing options and end-to-end support from loan application through closing settlement.

Under the leadership of President and Chief Executive Officer Benjamin H. Pearce and a seasoned executive team, NVR maintains a lean operating model focused on cost-effective production, centralized purchasing and early supplier involvement. These practices support disciplined growth, efficient delivery schedules and a consistent commitment to quality and customer satisfaction across its nationwide footprint.

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