Commercial Vehicle Group (CVGI) Reports Q3 Loss, Lags Revenue Estimates

Commercial Vehicle Group (CVGI) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of$ 0.04. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -125%. A quarter ago, it was expected that this supplier of products for heavy duty trucks would post earnings of$ 0.17 per share when it actually produced earnings of $0.06, delivering a surprise of -64.71%.Over the la ...