Commercial Vehicle Group (CVGI) Reports Q3 Loss, Lags Revenue Estimates
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Commercial Vehicle Group (CVGI) reported a Q3 loss of $0.01 per share, missing the Zacks Consensus Estimate of $0.04. This is a significant decline from the $0.22 per share earnings reported a year ago.
November 05, 2024 | 12:30 pm
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Commercial Vehicle Group (CVGI) reported a Q3 loss of $0.01 per share, missing the Zacks Consensus Estimate of $0.04. This is a significant decline from the $0.22 per share earnings reported a year ago.
The reported loss and the miss on revenue estimates are likely to negatively impact CVGI's stock price in the short term. The significant decline from last year's earnings further exacerbates the negative sentiment.
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IMPORTANCE 80
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