secwatch.observer — SEC 8-K summary
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Issuer:     NVR INC (NVR)
CIK:        0000906163
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0000906163-22-000066
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NVR Q2 net income $433M ($123.65 EPS) up 35% YoY; revenue up 16%; new orders down 16%
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- Net income $433.3M, diluted EPS $123.65; up 35% and 50% YoY respectively.
- Consolidated revenue $2.66B, up 16% from $2.28B in Q2 2021.
- New orders 4,663 units (-16%); cancellation rate 14% vs 8% a year ago.
- Homebuilding gross profit margin improved to 26.3% from 22.6%.
- Mortgage banking income before tax $29.1M, down 26% due to lower secondary marketing gains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906163/000090616322000066/0000906163-22-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906163/000090616322000066/nvr-20220726.htm
  HTML page:      https://secwatch.observer/filing/0000906163-22-000066

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