
NVR missed Q2 estimates with EPS of $83.96 and revenue of $2.33B, down 10.4% YoY. New orders rose 9% as cancellations fell, boosting backlog.
NVR reported second-quarter earnings that missed analyst estimates. GAAP EPS came in at $83.96, $6.02 below consensus. Revenue fell 10.4% from a year earlier to $2.33 billion, a $30 million miss.
The homebuilder recorded a 9% gain in new orders during the quarter. Cancellations declined. Backlog increased, offering a cushion for future revenue.
AlphaScala data assigns NVR a score of 33 out of 100, labeling the stock Weak. The company operates in the consumer cyclical sector.
The stock is little changed after the print. NVR did not provide formal guidance for the remainder of the year.
Prepared with AlphaScala editorial tooling from the source reporting linked above. Indexable analysis may include a cited Alpha Score value. Publishing checks screen each story before release. Educational coverage, not personalized advice.