Cavco Industries Reports Fiscal 2018 Fourth Quarter and Year End Results
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Cavco Industries (CVCO) Tops Q4 EPS by 88c, Beats on Revenues
May 29, 2018 4:07 PM EDTCavco Industries (NASDAQ: CVCO) reported Q4 EPS of $2.40, $0.88 better than the analyst estimate of $1.52. Revenue for the quarter came in at $242.5 million versus the consensus estimate of $219.11 million.
Three months ended March 31, 2018 compared to the three months ended April 1, 2017
Net revenue was $242.5 million, up 22.5% from $198.0 million. The increase was the result of higher home prices and sales volume. The Company recognized $14.8 million of home sales revenue and $1.8 million of income from operations from early... More