Newz(NVR) on Thursday reported third-quarter net income of $248.6 million. On a per-share basis, the Reston, Virginia-based company said it had net income of $89.45. The results did not meet Wall Street expectations.
The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $106.11 per share. The homebuilder posted revenue of $2.35 billion in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $2.6 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 Source MILWAUKEE (AP) β MILWAUKEE (AP) β Badger Meter Inc.
(BMI) on Thursday reported third-quarter earnings of $35.9 million. The Milwaukee-based company said it had net income of $1.24 per share. The results beat Wall Street expectations.
The manufacturer of products that measure gas and water flow posted revenue of $235.9 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $240.6 million. Badger Meter shares have declined 24% since the beginning of the year.
The stock has dropped 26% in the last 12 months. Access a Zacks stock report on BMI at https://www.zacks.com/ap/BMI Source ATLANTA (AP) β ATLANTA (AP) β Norfolk Southern Corp.
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