Overview

* CVG Q2 2025 revenue down 11.2% yr/yr, beats analyst expectations, per LSEG data

* Adjusted EPS for Q2 misses analyst expectations, reflecting net loss from operations

* Co raises full yr free cash flow outlook to at least $30 mln

Outlook

* CVG revises 2025 net sales outlook to $650-670 mln

* Company lowers 2025 adjusted EBITDA guidance to $21-25 mln

* CVG raises 2025 free cash flow outlook to over $30 mln

* Construction and Agriculture markets projected to decline 5-15% in 2025

Result Drivers

* SOFTENING DEMAND - Revenue down 11.2% due to softening in global demand, per CEO James Ray

* OPERATIONAL EFFICIENCY - Gross margin improved by 80 basis points due to operational efficiency improvements

* NEW BUSINESS WINS - Global Electrical Systems segment performance improved due to new business wins outside Construction and Agriculture markets

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $172 mln $156.30

Revenue mln (2

Analysts

)

Q2 Miss -$0.09 -$0.07

Adjusted (2

EPS Analysts

)

Q2 Net -$4.76

Income mln

Q2 Beat $5.20 $4.88

Adjusted mln mln (2

EBITDA Analysts

)

Q2 12.0%

Adjusted

Gross

Margin

Q2 $800,000

Operatin

g Income

Analyst Coverage

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

* Wall Street's median 12-month price target for Commercial Vehicle Group Inc ( CVGI ) is $4.00, about 58% above its August 1 closing price of $1.68

* The stock recently traded at 51 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)