Commercial Vehicle Group: Q2 Earnings Insights

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Commercial Vehicle Group CVGI reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Commercial Vehicle Group missed estimated earnings by 18.75%, reporting an EPS of $0.13 versus an estimate of $0.16.

Revenue was down $7.09 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 2.66% drop in the share price the next day.

Here's a look at Commercial Vehicle Group's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.16 0.17 0.30 0.28
EPS Actual 0.16 0.13 0.25 0.33
Revenue Estimate 228.97M 221.75M 256.18M 247.96M
Revenue Actual 244.37M 228.91M 239.61M 257.94M

To track all earnings releases for Commercial Vehicle Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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