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CVCO Cavco Industries News Story

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Cavco Industries Inc expected to post earnings of $4.76 a share - Earnings Preview

* Cavco Industries Inc  CVCO.OQ   CVCO.O  is expected
to show a
rise in quarterly revenue when it reports  results on October 31
for the period ending June 30 2024
    * The Phoenix Arizona-based  company is expected to report a
6.1% increase in revenue to $479.79 million from $452.03 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Cavco Industries Inc is
for
earnings of $4.70 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 450.00​, above​ its last closing price of $418.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   4.66        4.70       4.11      Missed  -12.6
 Mar. 31 0001  4.37        4.51       4.03      Missed  -10.6
 Dec. 31 2023  4.22        4.27       4.27      Met     0​
 Jan. 1 0001   5.25        5.27       4.76      Missed  -9.7
 ​​Jun.        5.75        5.82       5.29      Missed  -9.2
 30 2023                                                
 Jan. 1 0001   5.13        5.10       5.39      Beat    5.7​
 Jan. 1 0001   5.80        5.79       6.66      Beat    15
 Sep. 30 2022  5.92        5.88       8.25      Beat    40.4
 This summary was machine generated October 29 at 21:03 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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