Commercial Vehicle Group Inc reports results for the quarter ended in June - Earnings Summary

Commercial Vehicle

02/08/2023 24:03

* Commercial Vehicle Group Inc  CVGI.OQ  reported quarterly
adjusted earnings of 31 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 24 cents per share.
    * Revenue rose 4.5% to $262.19 million from a year ago;
analysts
expected $263.41 million. 
    * Commercial Vehicle Group Inc's reported EPS for the
quarter was
30 cents​.
    * The mean earnings estimate of analysts had risen by
about 56.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Commercial Vehicle Group Inc shares had fallen by 5.4%
this
quarter and gained 54.2% so far this year.
    * The company reported quarterly net income of $10.14
million.
    * Wall Street's median 12-month price target for Commercial
Vehicle Group Inc is $13.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 11:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.24           0.31           Beat
 Mar. 31 2023      0.14           0.28           Beat
 Dec. 31 2022      0.17           0.04           Missed
 Sep. 30 2022      0.22           0.15           Missed