Cavco Industries Q2 2024 EPS $4.76 Down From $8.25 YoY, Revenue $452M Misses $477.586M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cavco Industries reported Q2 2024 earnings per share (EPS) of $4.76, down from $8.25 year over year (YoY). The company's revenue of $452 million missed the estimate of $477.586 million.
November 02, 2023 | 8:19 pm
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Cavco Industries' Q2 2024 earnings and revenue missed estimates, which could negatively impact the company's stock price in the short term.
Cavco Industries reported lower than expected earnings and revenue for Q2 2024. This underperformance could lead to a decrease in the company's stock price as it indicates potential financial instability or lower profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100