Cavco Industries Inc expected to post earnings of $5.27 a share - Earnings Preview

Cavco Industries

01/11/2023 02:10

* Cavco Industries Inc  CVCO.OQ   CVCO.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Phoenix Arizona-based  company is expected to report 
a
17.3% decrease in revenue to $477.586 million from $577.39
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Cavco Industries
Inc is
for earnings of $5.27 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 $390​, above​ its last closing price of $249.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  5.80        5.79       6.66      Beat    15​
 Sep. 30 2022  5.92        5.88       8.25      Beat    40.4
 ​​Jun.        5.09        5.13       6.63      Beat    29.3
 30 2022                                                
 Mar. 31 2022  4.83        4.81       5.80      Beat    20.5​
 Dec. 31 2021  3.38        3.48       5.34      Beat    53.6
 Sep. 30 2021  2.72        2.72       4.06      Beat    49.3
 This summary was machine generated November 1 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated