RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Tuesday reported first-quarter profit of $394.3 million.

On a per-share basis, the Reston, Virginia-based company said it had net income of $116.41.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $106.03 per share.

The homebuilder posted revenue of $2.29 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $2.15 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVR at https://www.zacks.com/ap/NVR