Cavco Indus's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Cavco Industries (NASDAQ:CVCO) is set to release its quarterly earnings report on October 31, 2024. Analysts estimate an EPS of $4.76. The company previously missed EPS estimates, leading to a share price drop. Analysts rate Cavco as 'Outperform' with a price target of $434.0, suggesting a 4.92% upside. Despite low revenue growth and profitability compared to peers, Cavco maintains a balanced debt approach.
October 30, 2024 | 5:03 pm
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Cavco Industries is expected to report an EPS of $4.76. Analysts rate it 'Outperform' with a price target of $434.0, indicating a potential 4.92% upside. Previous EPS misses led to share price drops, so investors are keenly watching for positive guidance.
Cavco's upcoming earnings report is crucial as past EPS misses have led to share price declines. The 'Outperform' rating and price target suggest positive sentiment, but actual results and guidance will determine short-term price movements.
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