Cavco Industries Inc expected to post earnings of $4.81 a share - Earnings Preview

Cavco Industries

24/05/2022 21:25

* Cavco Industries Inc  CVCO.OQ   CVCO.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 26. 
    * The Phoenix Arizona-based  company is expected to report 
a
42.1% increase in revenue to $435.499 million from $306.5
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cavco Industries
Inc is
for earnings of $4.81 per share. For the same quarter last year,
the company reported earnings of $2.71 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $340​, above​ its last closing price of $225.73. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  3.38        3.48       5.34      Beat    53.6
 Sep. 30 2021  2.72        2.72       4.06      Beat    49.3
 Jun. 30 2021  2.14        2.14       2.92      Beat    36.4​
 Mar. 31 2021  1.81        1.92       2.71      Beat    41.4
 ​​Dec.        1.72        1.73       2.12      Beat    22.5
 31 2020                                                
 Sep. 30 2020  1.50        1.50       1.62      Beat    7.8​
 Jun. 30 2020  0.93        0.92       1.80      Beat    94.9
 Mar. 31 2020  1.54        1.55       1.29      Missed  -16.8
 This summary was machine generated May 24 at 20:25 GMT.  All
figures in US dollars  unless otherwise stated