Commercial Vehicle Group Inc expected to post earnings of 17  cents a share - Earnings Preview

Commercial Vehicle

25/02/2022 16:17

* Commercial Vehicle Group Inc  CVGI.OQ   CVGI.O  is
expected
to show a rise in quarterly revenue when it reports  results on
March 1. 
    * The New Albany Ohio-based  company is expected to report 
a
2.7% increase in revenue to $221.752 million from $216 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Commercial Vehicle
Group
Inc is for earnings of 17 cents per share. For the same quarter
last year, the company reported a loss of 5 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "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 Commercial
Vehicle Group Inc is $17​, about 53.9% above​ its last closing
price of $7.84. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.30        0.30       0.25      Missed  -17.6
 Jun. 30 2021  0.28        0.28       0.33      Beat    17.9
 Mar. 31 2021  0.07        0.07       0.27      Beat    285.7​
 Dec. 31 2020  0.06        0.04       -0.05     Missed  -225
 ​​Sep.        -0.07       -0.07      0.21      Beat    400
 30 2020                                                
 Jun. 30 2020  -0.59       -0.59      -0.24     Beat    59.3​
 Mar. 31 2020  -0.39       -0.39      0.02      Beat    105.1
 Dec. 31 2019              0.19       -0.24     Missed  -226.3
 This summary was machine generated February 25 at 16:16 GMT. 
All figures in US dollars  unless otherwise stated