Housing Market Softness

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NVR Q1 Earnings Miss Estimates, Homebuilding Revenues Rise Y/Y
ZACKS· 2025-04-23 10:35
NVR, Inc. (NVR) reported first-quarter 2025 results, with earnings and Homebuilding revenues missing the Zacks Consensus Estimate. Homebuilding revenues increased year over year, while the bottom line declined from the prior-year quarter’s figure.For the quarter, the Homebuilding segment reported a modest increase in settlements and settlement prices, while new orders and average sales prices declined. The backlog weakened, and gross margins compressed due to higher lot costs and affordability pressures. Me ...
DHI's Q2 Earnings & Revenues Miss, FY'25 View Down, Stock Tumbles
ZACKS· 2025-04-17 15:00
D.R. Horton, Inc. (DHI) reported dismal second-quarter fiscal 2025 (ended March 31, 2025) results, with earnings and total revenues missing Zacks Consensus Estimate and decreasing on a year-over-year basis.The continued housing market softness due to declining consumer confidence and affordability concerns marred the company’s quarterly performance. Such a weak market scenario resulted in lower net sales orders. Furthermore, soft contributions from the Rental operations and the Financial Services segment ad ...