Cavco Industries (CVCO) Tops Q4 EPS by 17c
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Cavco Industries (NASDAQ: CVCO) reported Q4 EPS of $1.19, $0.17 better than the analyst estimate of $1.02. Revenue for the quarter came in at $198 million versus the consensus estimate of $188 million.
Joseph Stegmayer, Chairman, President and Chief Executive Officer said, "We are proud to report strong results in what is typically a seasonally slower winter period. This quarter, growing market demand led to improvement across all of our housing product lines. Shipment volume for the manufactured housing industry and the Company was also aided by government orders for disaster relief units, which further enhanced home sales growth."
For earnings history and earnings-related data on Cavco Industries (CVCO) click here.
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