Commercial Vehicle Group (CVGI) Tops Q3 EPS by 4c

November 4, 2016 6:22 AM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

Commercial Vehicle Group (NASDAQ: CVGI) reported Q3 EPS of $0.07, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $153.6 million versus the consensus estimate of $169 million.

2016 End Market Outlook

Management estimates that the 2016 North American Class 8 truck production will be in the range of 215,000 - 225,000 units, down from a near historically high level of 323,000 units in 2015; North American Class 5-7 production is expected to be stable year-over-year. Management believes there is a bias toward continued softness in the global construction and agriculture equipment markets, more so in North America than the rest of the world.

For earnings history and earnings-related data on Commercial Vehicle Group (CVGI) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings

Related Entities

Earnings

Add Your Comment