Commercial Vehicle Group (NASDAQ:CVGI) Full Year 2024 Results
Key Financial Results
- Revenue: US$723.4m (down 13% from FY 2023).
- Net loss: US$35.7m (down by 182% from US$43.6m profit in FY 2023).
- US$1.07 loss per share (down from US$1.32 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Commercial Vehicle Group Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 3.5% growth forecast for the Machinery industry in the US.
Performance of the American Machinery industry.
The company's shares are down 15% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Commercial Vehicle Group (including 1 which is significant).
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