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Stock impact report

Commercial Vehicle Group First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]

Commercial Vehicle Group, Inc. (CVGI) 
Last commercial vehicle group, inc. earnings: 3/16 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cvgrp.com
Company Research Source: Yahoo! Finance
Net income: US$2.94m (down 66% from 1Q 2023). Profit margin: 1.3% (down from 3.3% in 1Q 2023). The decrease in margin was driven by lower revenue. EPS: US$0.088 (down from US$0.27 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Commercial Vehicle Group Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 56%. Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Machinery industry in the US. Performance of the American Machinery industry. The company's shares are down 6.8% from a week ago. Valuation If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Commercial Vehicle Group could be a good place to look. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the n Show less Read more
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