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Cavco Indus: Q3 Earnings Insights

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Benzinga Insights
·1 min read
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Shares of Cavco Indus (NASDAQ:CVCO) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 5.78% over the past year to $2.12, which beat the estimate of $1.73.

Revenue of $288,772,000 rose by 5.50% year over year, which beat the estimate of $271,200,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

View more earnings on CVCO

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

52-week high: $236.10

52-week low: $99.58

Price action over last quarter: Up 5.48%

Company Profile

Cavco Industries Inc designs and produces factory-built homes under the Cavco Homes, Fleetwood Homes, and Palm Harbor Homes brands. It also produces modular homes, park model homes, and vacation cabins, as well as commercial structures, among others. The company operates principally in two segments: Factory-built housing, which includes wholesale and retail systems-built housing operations and financial services, which includes manufactured housing consumer finance and insurance. Cavco received most of its revenues from the Factory-built housing segment.

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