Cavco Industries Set to Release Quarterly Financials

Cavco mfg homes at rocky mount va  Stacey Hairston credit  the franklin news dash postpostedDailyBusinessNewsMHProNewsMHProNews 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)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J Silver to Daily Business News-MHProNews.

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