What To Expect From Commercial Vehicle Group’s (CVGI) Q1 Earnings
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Commercial Vehicle Group (CVGI) will report Q1 earnings this Tuesday. Last quarter, it beat revenue expectations with $154.8 million, a 5.2% year-on-year decline. Analysts expect a 5.8% revenue drop this quarter, an improvement from last year's 12.8% decrease. Despite missing estimates multiple times in the past two years, analysts have maintained their forecasts. Peers like Federal Signal and PACCAR have shown mixed results, with Federal Signal growing 34.9% and PACCAR declining 8.9%. CVGI's stock is down 4% recently, with an average analyst price target of $5 against a current price of $4.15.
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