Cavco (CVCO) Lags Q3 Earnings Estimates

Cavco (CVCO) came out with quarterly earnings of $4.27 per share, missing the Zacks Consensus Estimate of$ 4.36 per share. This compares to earnings of $6.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.06%. A quarter ago, it was expected that this homebuilder would post earnings of$ 5.31 per share when it actually produced earnings of $4.76, delivering a surprise of -10.36%.Over the last four quarters, the company has s ...