Press coverage about Commercial Vehicle Group (NASDAQ:CVGI) has trended somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Commercial Vehicle Group earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.8539313488445 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Mag One’s Commercial Plant for High-Purity Magnesia and Silica On Track (marketwatch.com)
- Commercial Vehicle Run-Flat Tire Inserts Market Is Expected to Expand at a CAGR of 2.1% : 2025 (sbwire.com)
- REV Group, Inc. Announces Pricing of Secondary Offering of Common Stock (nasdaq.com)
- XL Hybrids Secures $22 Million Investment, Validates Mission of Vehicle Electrification (itbusinessnet.com)
- REV Group, Inc. Announces Launch of Proposed Secondary Offering of Common Stock (nasdaq.com)
Commercial Vehicle Group (NASDAQ:CVGI) last announced its earnings results on Monday, August 7th. The company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.05). The business had revenue of $195.13 million for the quarter, compared to analyst estimates of $186.20 million. Commercial Vehicle Group had a return on equity of 10.65% and a net margin of 0.34%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.10 earnings per share.
Separately, Zacks Investment Research cut shares of Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research report on Friday, August 11th.
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About Commercial Vehicle Group
Commercial Vehicle Group, Inc is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems.
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