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Cavco: Fiscal 1Q Earnings Snapshot

PHOENIX (AP) _ Cavco Industries Inc. (CVCO) on Monday reported fiscal first-quarter earnings of $21.3 million.

The Phoenix-based company said it had profit of $2.31 per share.

The homebuilder posted revenue of $264 million in the period.

Cavco shares have increased 24% since the beginning of the year. In the final minutes of trading on Monday, shares hit $161.39, a drop of 23% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVCO at https://www.zacks.com/ap/CVCO