Cavco Industries Inc reports results for the quarter ended March 31 - Earnings Summary
22/05/2025 22:02
Cavco Industries Inc CVCO.OQ reported quarterly adjusted earnings of $5.40 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $4.03. The mean expectation of three analysts for the quarter was for earnings of $4.87 per share. Wall Street expected results to range from $4.37 to $5.23 per share. Revenue rose 21% to $508.36 million from a year ago; analysts expected $504.15 million. Cavco Industries Inc's reported EPS for the quarter was $4.47. The company reported quarterly net income of $36.33 million. Cavco Industries Inc shares had fallen by 0.7% this quarter and gained 15.6% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 17.4% in the last three months. In the last 30 days, two analysts negatively revised earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 $550.00 This summary was machine generated from LSEG data May 22 at 09:01 p.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 |
| Mar. 31 2025 | 4.87 | 5.40 | Beat |
| Dec. 31 2024 | 4.89 | 6.90 | Beat |
| Sep. 30 2024 | 4.76 | 5.28 | Beat |
| Jun. 30 2024 | 4.70 | 4.11 | Missed |