Cavco Industries Inc reports results for the quarter ended June 30 - Earnings Summary
Cavco Industries Inc reports results for the quarter ended June 30 - Earnings Summary
Cavco Industries Inc CVCO.OQ reported quarterly adjusted earnings of $5.43 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $6.42. The mean expectation of three analysts for the quarter was for earnings of $5.69 per share. Wall Street expected results to range from $5.54 to $5.96 per share.
Revenue rose 9.5% to $609.96 million from a year ago; analysts expected $590.54 million.
Cavco Industries Inc's reported EPS for the quarter was $5.43.
The company reported quarterly net income of $42.27 million.
Cavco Industries Inc shares had fallen by 8.5% this quarter and lost 4.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.7% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the homebuilding peer group is also "buy"
Wall Street's median 12-month price target for Cavco Industries Inc is $587.50, about 4.3% above its last closing price of $562.40
This summary was machine generated from LSEG data July 31 at 06:46 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 5.69 | 5.43 | Missed |
Mar. 31 2026 | 5.26 | 5.42 | Beat |
Dec. 31 2025 | 6.26 | 5.58 | Missed |
Sep. 30 2025 | 6.09 | 6.55 | Beat |
Recent news on Cavco Industries
See all newsCavco Industries Inc reports results for the quarter ended June 30 - Earnings Summary
Cavco Industries Q1 revenue beats estimates helped by higher home sales volume
Cavco Industries Q4 revenue rises on factory-built housing segment growth
Brief: Cavco Industries Q4 EPS USD 5.42
Cavco Q3 revenue up 11.3%, but misses estimates