NVR Inc. First Quarter 2012 Numbers | ||
Quarter One | ||
Profit/(Loss) | $20.1 M +32.6% YOY | |
Home Deliveries | 1,924 +17.7% YOY | |
New Orders | 3,157+31.4% YOY | |
Behind the Numbers:
NVR’s first-quarter sales numbers, up by nearly a third compared to last year, bring hope that there will be more good news on sales volumes when the other public builders start to report their results en masse next week. The company also reported a tidily improved profit, not unusual for NVR. The company, however, has been struggling with its profit margins, which decreased for the quarter.
NVR’s fiscal year ends Dec. 31
