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Cavco: Fiscal 2Q Earnings Snapshot

PHOENIX (AP) _ Cavco Industries Inc. (CVCO) on Monday reported fiscal second-quarter earnings of $20.9 million.

The Phoenix-based company said it had net income of $2.25 per share. Earnings, adjusted for non-recurring gains, were $2.14 per share.

The homebuilder posted revenue of $268.7 million in the period.

Cavco shares have increased 55% since the beginning of the year. In the final minutes of trading on Monday, shares hit $202.20, climbing slightly 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