NVR (NVR) Q1 Earnings and Revenues Lag Estimates

Earnings Performance - NVR reported quarterly earnings of $94.83 per share, missing the Zacks Consensus Estimate of $107.87 per share, and down from $116.41 per share a year ago, representing an earnings surprise of -12.09% [1] - The company posted revenues of $2.35 billion for the quarter, missing the Zacks Consensus Estimate by 1.03%, but up from $2.29 billion year-over-year [2] Stock Performance - NVR shares have declined approximately 12.8% since the beginning of the year, compared to a decline of -12.3% for the S&P 500 [3] - The current Zacks Rank for NVR is 4 (Sell), indicating expected underperformance in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $125.82 on revenues of $2.57 billion, and for the current fiscal year, it is $500.53 on revenues of $10.56 billion [7] - The outlook for the Building Products - Home Builders industry is currently in the bottom 24% of Zacks industries, which may negatively impact NVR's stock performance [8] Industry Comparison - Tri Pointe Homes, another company in the same industry, is expected to report quarterly earnings of $0.45 per share, reflecting a year-over-year decline of -56.3%, with revenues projected to be $702.63 million, down 23.5% from the previous year [9][10]