CVG: Commercial Vehicle Group: Q3 Earnings Snapshot

In This Article: NEW ALBANY, Ohio (AP) - NEW ALBANY, Ohio (AP) - Commercial Vehicle Group Inc. (CVGI) on Monday reported third-quarter earnings of $9.5 million. The New Albany, Ohio-based company said it had net income of 28 cents per share. Losses, adjusted to account for discontinued operations, were 1 cent per share. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share. The supplier of products for heavy duty trucks posted revenue of $171.8 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $222 million. Commercial Vehicle Group expects full-year revenue in the range of $710 million to $740 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVGI at https://www.zacks.com/ap/CVGI