Cavco: Fiscal 1Q Earnings Snapshot
Cavco: Fiscal 1Q Earnings Snapshot
PHOENIX (AP) _ Cavco Industries Inc. (CVCO) on Monday reported fiscal first-quarter earnings of $19.7 million.
On a per-share basis, the Phoenix-based company said it had net income of $2.12.
The homebuilder posted revenue of $246.4 million in the period.
Cavco shares have risen 38 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $210.50, an increase of 54 percent in the last 12 months.
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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