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Cavco Industries Q1 2024 Earnings Report

Cavco Industries logo
$511.73 -7.70 (-1.48%)
(As of 12/3/2024 05:16 PM ET)

Cavco Industries EPS Results

Actual EPS
$5.29
Consensus EPS
$6.76
Beat/Miss
Missed by -$1.47
One Year Ago EPS
N/A

Cavco Industries Revenue Results

Actual Revenue
$475.88 million
Expected Revenue
$552.90 million
Beat/Miss
Missed by -$77.02 million
YoY Revenue Growth
N/A

Cavco Industries Announcement Details

Quarter
Q1 2024
Time
N/A
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Cavco Industries Earnings Headlines

Cavco Industries (NASDAQ:CVCO) Shares Down 0.3% - Time to Sell?
Lock in this disruptor’s share price before 12/5
Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125M. Now they’ve joined forces to launch a venture transforming the $1.3T vacation home market – and the results are already turning heads. This company is leading the co-ownership revolution, offering buyers a chance to own a fraction of a luxury vacation home instead of the entire thing. It’s a model that’s unlocked new demand and earned them over $100M in gross profits in four years.
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About Cavco Industries

Cavco Industries, Inc. designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its factory-built homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry, and Solitaire brands. It produces park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. Further, it provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. It distributes its products through a network of independent and company-owned retailers, planned community operators, and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.

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