secwatch.observer — SEC 8-K summary
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Issuer:     NVR INC (NVR)
CIK:        0000906163
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0000906163-23-000096
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NVR Q2 net income down 7%; revenue down 12% to $2.34B
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- Diluted EPS $116.54 vs $123.65 prior year; net income $404M, down 7%.
- Consolidated revenue $2.34B, down 12% from $2.66B; homebuilding revenue down 13%.
- New orders rose 27% to 5,905 units; avg sales price fell 5% to $447,300.
- Homebuilding gross margin 24.3% vs 26.3% prior; settlements down 13% to 5,085 units.
- Mortgage banking pretax income up 25% to $36.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906163/000090616323000096/0000906163-23-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906163/000090616323000096/nvr-20230725.htm
  HTML page:      https://secwatch.observer/filing/0000906163-23-000096

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