NVR, Inc. Reports Decline in First-quarter Profit and Revenue
NVR, Inc. (NYSE:NVR) reported a 29% drop in first-quarter profit to $67.76 per share and a 22% decline in revenue to $1.88 billion, driven by rising costs and economic uncertainties. The company also saw a 22% year-on-year decline in settlements to 4,015 units.
Tickers: $NVR
Topics: Economic Uncertainty Housing Sector Profit Decline Revenue Drop