Cavco (CVCO) Q4 Earnings Surpass Estimates

Core Viewpoint - Cavco (CVCO) reported quarterly earnings of $5.40 per share, exceeding the Zacks Consensus Estimate of $5.23 per share, and showing an increase from $4.03 per share a year ago, indicating a positive earnings surprise of 3.25% [1] Financial Performance - The company posted revenues of $508.36 million for the quarter ended March 2025, which was below the Zacks Consensus Estimate by 3.12%, but an increase from $420.12 million year-over-year [2] - Over the last four quarters, Cavco has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Cavco shares have increased approximately 15.6% since the beginning of the year, contrasting with a decline of -0.6% in the S&P 500 [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $5.87, with expected revenues of $533.5 million, and for the current fiscal year, the EPS estimate is $24.82 on revenues of $2.21 billion [7] - The estimate revisions trend for Cavco is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Building Products - Mobile Homes and RV Builders industry is currently ranked in the bottom 8% of over 250 Zacks industries, indicating potential challenges for stocks within this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Cavco's performance [5]