Brace yourselves for the unveiling of Commercial Vehicle Group's (NASDAQ: CVGI) third quarter financial results on Monday 4th November 2024. This eagerly awaited announcement will take place after market close.
It is anticipated by financial experts on Wall Street that the business is set to announce an estimated $0.04 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $222.08 million for this period.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.22, attributed to the company's total revenue of $246.69 million.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $906.59 million. Additionally, they expect the company to post profit of $0.29 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.06 | -81.3% | 229.91 M | -12.3% |
| Q1 2024 | $0.13 | -53.6% | 232.07 M | -11.7% |
| Q4 2023 | $0.09 | +125.0% | 223.10 M | -5.0% |
| Q3 2023 | $0.22 | +46.7% | 246.69 M | -1.9% |
| Q2 2023 | $0.32 | +146.2% | 262.19 M | +4.5% |
| *Growth on year-over-year basis | ||||
CVGI has scheduled a conference call on 5th November 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
During Friday's trading, Commercial Vehicle Group (CVGI) shares reached a low of $2.94 and a high of $3.05, along with a total volume of 111.50 thousand shares. The stock ended the regular trading session at $3.01, showing an upturn of 3.44 percent.
