RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Tuesday reported first-quarter earnings of $344.4 million.

On a per-share basis, the Reston, Virginia-based company said it had profit of $99.89.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $96.46 per share.

The homebuilder posted revenue of $2.13 billion in the period.

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