MHProNews has learned from analystratingreport that Cavco Industries, Inc., reported $0.89 earnings per share (EPS) for its third quarter fiscal year 2016, beating the analyst consensus by $0.09 EPS. The company’s revenue of $181.40 million for the quarter also beat analysts estimates of $174.10 million.
Compared to the same quarter last year, revenue was up 23.5 percent, while earnings per share in the comparable quarter were $0.65 EPS.
In trading Fri., Jan. 29., Cavco shares posted up +5.83 percent at $83.86.
Cavco has a market cap of $705 million with outstanding shares totaling 8,902,576. The company’s stock has a 52-week high of $106.55 and a 52-week low of $64.54.
Headquartered in Phoenix, AZ, Cavco produces manufactured and modular homes as well as park models and systems-built commercial structures, distributed through a network of independent and company-owned retailers, planned community operators and residential developers. ##
(Photo credit:rvdailyreport–wedge cabin by Cavco Industries)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.