India, May 22 -- Cavco Industries Inc (CVCO) released earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $36.33 million, or $4.47 per share. This compares with $33.93 million, or $4.03 per share, last year.
Excluding items, Cavco Industries Inc reported adjusted earnings of $43.90 million or $5.40 per share for the period.
Analysts on average had expected the company to earn $4.8 per share. Analysts' estimates typically exclude special items.
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The company's revenue for the period rose 21.0% to $508.358 million from $420.118 million last year.
Cavco Industries Inc earnings at a ...