Commercial Vehicle Group (Nasdaq: CVGI ) is expected to report Q1 earnings on April 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Commercial Vehicle Group's revenues will wane -15.9% and EPS will compress -85.7%.
The average estimate for revenue is $199.3 million. On the bottom line, the average EPS estimate is $0.06.
Last quarter, Commercial Vehicle Group booked revenue of $173.4 million. GAAP reported sales were 23% lower than the prior-year quarter's $225.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.20. GAAP EPS were -$0.20 for Q4 against $0.36 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 9.2%, 560 basis points worse than the prior-year quarter. Operating margin was -0.9%, 810 basis points worse than the prior-year quarter. Net margin was -3.2%, 770 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $864.6 million. The average EPS estimate is $0.60.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 62 members out of 91 rating the stock outperform, and 29 members rating it underperform. Among 34 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 23 give Commercial Vehicle Group a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Commercial Vehicle Group is outperform, with an average price target of $9.67.
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