Cavco Industries Inc expected to post earnings of $5.79 a share - Earnings Preview

Cavco Industries

31/01/2023 21:39

* Cavco Industries Inc  CVCO.OQ   CVCO.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
2. 
    * The Phoenix Arizona-based  company is expected to report 
a
21.8% increase in revenue to $525.912 million from $431.71
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 $5.79 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 $350​, above​ its last closing price of $259.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  3.38        3.48       5.34      Beat    53.6
 ​​Sep.        2.72        2.72       4.06      Beat    49.3
 30 2021                                                
 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. 31 2020  1.72        1.73       2.12      Beat    22.5
 This summary was machine generated January 31 at 21:39 GMT.  All
figures in US dollars  unless otherwise stated