NVR Inc. Third Quarter 2012 Numbers

Quarter Three

Nine Months

Profit/(Loss)

$59M +22.1%

$120M +23.6%

Home Deliveries

2,656 +17.8%

7,055 +15.8%

New Orders

2,558 +15.3%     

8,329 +17.5%

 

Behind the Numbers:

NVR reported steady growth in profits, deliveries, and new orders for the year. The company, which has been opening new communities at a speedy rate, also borrowed $600 million during the quarter, boosting its cash to $1.07 billion from $475 million. It has said that it may use part of the proceeds from the borrowing to buy back some stock.

NVR’s fourth quarter and fiscal year ends December 31.