NVR's Q2 Earnings & Homebuilding Revenues Top, New Orders Down Y/Y

Key Takeaways Q2 EPS of $108.54 beat by 3.5%, but declined 10.1% YoY on higher lot costs and pricing pressure.New orders dropped 11% to 5,379 units, while backlog fell 13% in units and value amid rising cancellations.Homebuilding revenues were flat at$ 2.55B, with a 3% ASP increase offsetting a 3% drop in settlements.NVR, Inc. (NVR) reported better-than-expected second-quarter 2025 results, with earnings and Homebuilding revenues surpassing the Zacks Consensus Estimate. However, on a year-over-year basis, ...