NVR Ahead of Earnings

Published on Wednesday, 25 January 2012 12:24 Written by Danny Miller

New York, January 25th (TradersHuddle.com) - Shares of NVR, Inc. (NYSE:NVR) are trading lower by -0.50% ahead of its quarterly earnings release. NVR, the homebuilder that uses Ryan Homes and NVRHomes brands is expected to release its quarterly results on January 26^th.

Wall Street Analysts consensus calls for a profit of $10.37 a share on $807.75 million revenue.

NVR estimates have a range of $3.44 a share. The high estimate calls for profit of $12.96 a share and the low estimate is calling for a profit of $9.52 a share, a year ago for the quarter the company reported $9.96 a share.

NVR, Inc. (NYSE:NVR) builds and markets homes and conducts mortgage banking activities. The Company builds single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and other tradenames. NVR provides a number of mortgage related services to its homebuilding customers and to other customers through its mortgage banking operations.