Commercial Vehicle Group (CVGI) Misses Q1 Earnings and Revenue Estimates

Commercial Vehicle Group (CVGI) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -27.78%. A quarter ago, it was expected that this supplier of products for heavy duty trucks would post earnings of $0.15 per share when it actually produced earnings of $0.09, delivering a surprise of -40 ...