NVR Inc. Q3 Earnings Rise 29%

(RTTNews) - NVR Inc. (NVR) released a profit for its third quarter that rose compared to the same period last year.

The company said its bottom line totaled $116.47 million, or $27.11 per share. This was up from $90.15 million, or $20.70 per share, in last year's third quarter.

Analysts had expected the company to earn $26.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 16.7% to $1.40 billion. This was up from $1.20 billion last year.

NVR Inc. earnings at a glance:

-Earnings (Q3): $116.47 Mln. vs. $90.15 Mln. last year. -Earnings Growth (Y-o-Y): 29.2% -EPS (Q3): $27.11 vs. $20.70 last year. -EPS Growth (Y-o-Y): 31.0% -Analysts Estimate: $26.64 -Revenue (Q3): $1.40 Bln vs. $1.20 Bln last year. -Revenue Change (Y-o-Y): 16.7%