NVR Inc. Second Quarter 2012 Numbers | ||
Quarter Two | Fiscal Year | |
Profit/(Loss) | $46.8 M +21.8% | $67.0 M +24.9% |
Home Deliveries | 2,475 +12.1% | 4,399 +14.5% |
New Orders | 2,614 +5.9% | 5,771 +18.5% |
Behind the Numbers:
NVR reported steady growth in profits, deliveries, and new orders for the year, but year-over-year order gains definitely began to taper off some as the exuberant spring selling season began to wane. NVR is among the first builders to report results for the second quarter, which ended June 30. Next week three other builders will report, creating some visibility as to how the group as a whole performed during the period.
NVR’s fourth quarter and fiscal year ends December 31.
