Cavco GAAP EPS of $6.42 beats by $0.87, revenue of $557M beats by $32.03M

5 days ago 2

Cavco press release (NASDAQ:CVCO): Q1 GAAP EPS of $6.42 beats by $0.87.
Revenue of $557M (+16.5% Y/Y) beats by $32.03M.
Home sales volume was up 14.7% and capacity utilization increased to approximately 75% from approximately 65% in the first quarter of the prior year.
Backlogs totaled $200 million at the end of the quarter representing 5-7 weeks of production.

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