NVR, Inc.’s NVR shares gained 6.1% in yesterday’s trading session, after the company beat earnings expectations in first-quarter 2019.The country’s leading homebuilding and mortgage banking company reported adjusted earnings of $47.64 per share, beating the Zacks Consensus Estimate of $33.59 by 41.8%. Also, the reported figure increased 21% from the prior-year quarter.Total revenues (Homebuilding & Mortgage Banking fees combined) were $1.69 billion in the quarter, up 10% year over year on higher segmental revenues.NVR, Inc. Price, Consensus and EPS Surprise NVR, Inc. Price, Consensus and EPS Surprise | NVR, Inc. QuoteSegment DetailsHomebuilding: Revenues in the homebuilding segment increased 10% year over year to approximately $1.64 billion. However, new orders fell 1% from the prior-year quarter to 5,139 units. Average sales price of new orders during the reported quarter was $367,000, reflecting a decline of 3% year over year. Nonetheless, settlements increased 15% from the year-ago quarter to 4,493 units.Gross margin in the quarter contracted 20 basis points to 18.5%. However, income before tax grew 12% from the year-ago quarter. Selling, general and administrative expenses were $115.7 million, up 9.7% from the prior-year quarter.Backlog (homes sold but not settled) as of Mar 31, 2019 declined 8% from the year-ago period to 9,011 units and 9% (on a dollar basis) to $3.4 billion.At the end of the reported quarter, average community count was 449, down from the prior-year level of 485 units.Mortgage Banking: In the reported quarter, Mortgage banking fees rose 11.4% year over year to $43.8 million. Mortgage closed loan production totaled $1.14 billion, increasing 13% year over year.Income before tax also increased 35% during the reported quarter.FinancialsAs of Mar 31, 2019, NVR’s cash and cash equivalents for Homebuilding and Mortgage Banking were $805.2 million and $11.3 million, respectively, compared with $688.8 million and $23.1 million in the corresponding period of 2018.Zacks RankCurrently, NVR carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Peer ReleasesKB Home’s KBH first-quarter fiscal 2019 earnings of 31 cents per share outpaced the Zacks Consensus Estimate of 27 cents by 14.8% but declined 22.5% from 40 cents a year ago. Total revenues of $811.5 million, however, missed the consensus mark of $829.3 million and declined 6.9% year over year.United Rentals’ URI first-quarter 2019 adjusted earnings of $3.31 per share topped the consensus mark of $3.06 by 8.3% and increased 15.3% from the prior-year period. Total revenues of $2.12 billion also surpassed the consensus mark of $2.07 billion by 2.5%. Moreover, the said figure rose 22.1% year over year.Fastenal Company’s FAST earnings came in at 68 cents per share in first-quarter 2019, beating the Zacks Consensus Estimate by 1.5% and increasing 11.9% from 61 cents reported a year ago. Also, net sales of $1.31 billion topped the consensus mark of $1.3 billion and grew 10.4% year over year.Biggest Tech Breakthrough in a GenerationBe among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 7 stocks to watch. The report is only available for a limited time.See 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report United Rentals, Inc. (URI): Free Stock Analysis Report Fastenal Company (FAST): Free Stock Analysis Report NVR, Inc. (NVR): Free Stock Analysis Report KB Home (KBH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research