MHProNews has learned from baseballnewssource that Phoenix-based Cavco Industries, Inc. (NASDAQ:CVCO) will release its quarterly earnings report on Wed., Aug. 3, 2016 after the close of the market. Analysts anticipate earnings per share will come in at $0.60.
At the last quarterly report on May 26, the company reported earnings per share (EPS) of $0.77, a penny more than analysts had expected. Revenue was up 25.5 percent on a year-over-year basis. Analysts forecast EPS for this fiscal year will hit $3.700 and $5.000 for the next fiscal year.
Cavco is one of the largest producers of manufactured homes in the U. S., and also designs and manufactures modular homes, park models, system-built commercial structures and vacation cabins.
As MHProNews reported in its Daily Business News stock report Tue., Aug 2, Cavco’s stock closed down -2.69 percent at $96.99. ##
(Photo credit: thefranklinnews-post/Stacey Hairston–Cavco’s Rocky Mount, VA facility)
Article submitted by Matthew J Silver to Daily Business News-MHProNews.