NVR Drives Order Growth Via More Stores

Here’s the low-down on NVR’s second quarter, ended June 30, financials, which beat the Street on earnings and order growth. A 9% community count bump fueled higher orders vs. June 13, although orders per neighborhood per month were off slightly. Analysts angst over NVR’s valuation vs. its peer group, fretting its fundamentals may not support its far-outlier status. Still, the results show best of breed disciplines in its markets.

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