Jan 28 (Reuters) - U.S. homebuilder NVR Inc ( NVR ) beat
Wall Street estimates for fourth-quarter profit on Tuesday,
helped by higher pricing of home units.
The average sales price of new orders in the fourth quarter
of 2024 was $469,000, up 4% from last year.
However, new orders for quarter ended Dec. 31 fell to 4,794
units, or about 8%, from 5,190 units last year.
NVR's earnings per share for the October-to-December quarter
came in at $139.93, above analysts' average estimates of
$127.08.
Consolidated revenues rose 17% to $2.85 billion from a year
earlier, beating estimates of $2.68 billion, according to data
compiled by LSEG.