Cavco Industries Inc expected to post earnings of $5.10 a share - Earnings Preview

Cavco Industries

16/05/2023 21:17

* Cavco Industries Inc  CVCO.OQ   CVCO.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 18. 
    * The Phoenix Arizona-based  company is expected to report 
a
4.1% decrease in revenue to $484.917 million from $505.48
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cavco Industries
Inc is
for earnings of $5.10 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 $357​, above​ its last closing price of $295.00. ​​​

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 2022  5.80        5.79       6.66      Beat    15
 Sep. 30 2022  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
 ​​Dec.        3.38        3.48       5.34      Beat    53.6
 31 2021                                                
 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
 This summary was machine generated May 16 at 20:17 GMT.  All
figures in US dollars  unless otherwise stated