Cavco Industries Inc reports results for the quarter ended in March - Earnings Summary

Cavco Industries

18/05/2023 22:01

* Cavco Industries Inc  CVCO.OQ  reported quarterly adjusted
earnings of $5.39​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of $5.10 per share.
    * Revenue fell 5.8% to $476.38 million from a year ago;
analysts
expected $484.92 million. 
    * Cavco Industries Inc's reported EPS for the quarter was
$5.39​.
    * The mean earnings estimate of analysts had fallen by
about 5.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Cavco Industries Inc shares had fallen by 7.6% this
quarter and
gained 29.7% so far this year.
    * The company reported quarterly net income of $47.31
million.
    * Wall Street's median 12-month price target for Cavco
Industries
Inc is $357.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
18 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      5.10           5.39           Beat
 Dec. 31 2022      5.79           6.66           Beat
 Sep. 30 2022      5.88           8.25           Beat
 Jun. 30 2022      5.13           6.63           Beat