Commercial Vehicle Group Inc expected to post earnings of 18 cents a share - Earnings Preview

Commercial Vehicle

04/05/2024 03:30

* Commercial Vehicle Group Inc  CVGI.OQ   CVGI.O  is
expected
to show a fall in quarterly revenue when it reports  results on
May 6 for the period ending March 31 2024
    * The New Albany Ohio-based  company is expected to report a
8.3% decrease in revenue to $240.875 million from $262.71
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Commercial Vehicle Group
Inc
is for earnings of 18 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 $11.00​, above​ its last closing price
of $5.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.13        0.15       0.09      Missed  -37.9
 Sep. 30 2023  0.24        0.24       0.22      Missed  -8.3
 Jun. 30 2023  0.24        0.24       0.32      Beat    33.3​
 Mar. 31 2023  0.14        0.14       0.28      Beat    95.4
 ​​Dec.        0.17        0.17       0.04      Missed  -76.5
 31 2022                                                
 Sep. 30 2022  0.22        0.22       0.15      Missed  -31.8​
 Jun. 30 2022  0.16        0.17       0.13      Missed  -21.2
 Jan. 1 0001   0.16        0.16       0.16      Met     0
 This summary was machine generated May 4 at 02:29 GMT.  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)