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CVCO Cavco Industries News Story

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Cavco Industries Inc expected to post earnings of $4.51 a share - Earnings Preview

* Cavco Industries Inc  CVCO.OQ   CVCO.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 16
(estimated) for the period ending March 31 2024
    * The Phoenix Arizona-based  company is expected to report a
1.3% decrease in revenue to $470.114 million from $476.38
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Cavco Industries Inc is
for
earnings of $4.51 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cavco
Industries
Inc is $382.00​, above​ its last closing price of $372.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  4.22        4.27       4.27      Met     0
 Sep. 30 2023  5.25        5.27       4.76      Missed  -9.7
 Jun. 30 2023  5.75        5.82       5.29      Missed  -9.2​
 Mar. 31 2023  5.13        5.10       5.39      Beat    5.7
 ​​Dec.        5.80        5.79       6.66      Beat    15
 31 2022                                                
 Jan. 1 0001   5.92        5.88       8.25      Beat    40.4​
 Jun. 30 2022  5.09        5.13       6.63      Beat    29.3
 Mar. 31 2022  4.83        4.81       5.80      Beat    20.5
 This summary was machine generated May 14 at 11:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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