Brief: Cavco Industries Reports Fiscal 2021 Second Quarter Results And Announces New $100 Million Stock Repurchase Program

Cavco Industries

29/10/2020 21:27

Oct 29 (Reuters) - Cavco Industries Inc  CVCO.O :
    * CAVCO INDUSTRIES REPORTS FISCAL 2021 SECOND QUARTER
RESULTS AND
ANNOUNCES NEW $100 MILLION STOCK REPURCHASE PROGRAM
    * Q2 REVENUE $258 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$249.7
MILLION
    * Q2 EARNINGS PER SHARE $1.62
    * Q2 EARNINGS PER SHARE ESTIMATE $1.50 -- REFINITIV IBES
DATA
    * ON OCTOBER 27, 2020, THE COMPANY’S BOARD OF DIRECTORS
APPROVED A
$100 MILLION STOCK REPURCHASE PROGRAM
    * NEW PROGRAM REPLACES A PREVIOUSLY STANDING $10 MILLION
AUTHORIZATION, WHICH IS NOW CANCELED.

Source text for Eikon:  ID:nGNX3Wjj8G 
Further company coverage:  CVCO.O 

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