Cavco Industries Inc expected to post earnings of $5.82 a share - Earnings Preview

Cavco Industries

02/08/2023 03:05

* Cavco Industries Inc  CVCO.OQ   CVCO.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 3. 
    * The Phoenix Arizona-based  company is expected to report 
a
11.5% decrease in revenue to $520.501 million from $588.34
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 $5.82 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 had fallen by
about 5.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Cavco
Industries
Inc is $355​, above​ its last closing price of $290.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  5.13        5.10       5.39      Beat    5.7
 Dec. 31 2023  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.        4.83        4.81       5.80      Beat    20.5
 31 2022                                                
 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
 This summary was machine generated August 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated