NVR Inc. (NVR:NYSE)

NVR Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income of $72,127,000, $11.59 per diluted share. Net income and diluted earnings per share increased 97% and 89%, respectively, compared to $36,551,000 or $6.12 per diluted share in the 2008 third quarter. Consolidated revenues totaled $814,016,000, a 13% decrease from $939,211,000 for the comparable 2008 quarter. Operating income was $101,428,000 compared to $59,794,000 a year ago. Income before taxes was $113,440,000 compared to $60,607,000 a year ago. For the nine months, the company's consolidated revenues were $1,998,046,000, 28% lower than the $2,782,865,000 reported for the same period of 2008. Net income was $131,541,000, compared to $131,349,000 for the nine months ended September 30, 2008. Diluted earnings per share were $21.57, a decrease of 3% from $22.21 per diluted share for the comparable period of 2008. Operating income was $195,306,000 compared to $207,459,000 a year ago. Income before taxes was $213,887,000 compared to $220,199,000 a year ago. The company announced that third quarter 2008 gross profit margin results were negatively impacted by a $42,839,000 land deposit impairment charge.

NVR Inc. expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on October 8, 2009).

NVR Inc. reported un-audited consolidated earnings results for the second quarter and six months ended June 30, 2009. The company announced net income for its second quarter ended June 30, 2009 of $41.426 million, $6.79 per diluted share compared to net income of $51.332 million or $8.64 per diluted share for the comparable period of last year. Net income and diluted earnings per share for its second quarter ended June 30, 2009 decreased 19% and 21%, respectively, when compared to the 2008 second quarter. Consolidated revenues for the second quarter of 2009 totaled $625.431 million a 35% decrease from $955.723 million for the comparable 2008 quarter. Homebuilding revenues for the three months ended June 30, 2009 totaled $612.488 million, 35% lower than the year earlier period. Income before taxes was $69.829 million compared to $86.417 million for the same period of last year. Operating income for the period was $65.3 million against $82.5 million, reported a year ago. For the six months ended June 30, 2009, consolidated revenues were $1184.030 million, 36% lower than the $1843.654 million reported for the same period of 2008. Net income for the six months ended June 30, 2009 was $59.414 million, a decrease of 37% when compared to $94.798 million the six months ended June 30, 2008. Diluted earnings per share for the six months ended June 30, 2009 was $9.85, a decrease of 39% from $16.10 per diluted share for the comparable period of 2008. Income before taxes was $100.447 million against $159.592 million of prior year period. Operating income for the period was $93.9 million against $147.66 million, reported a year ago.