Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations
Higher third-quarter sales coincided with a shift to losses, while first-nine-month sales also declined from 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Chicago Rivet & Machine (CVR) reported a third-quarter 2026 net loss of $915,977, reversing a profit a year earlier.
Quarterly net sales rose to $7,530,167 from $7,360,284 in 2025. Net income had been $67,572, while per-share results shifted to a loss of $0.95 from earnings of $0.07. For the first nine months of 2026, sales fell to $21,618,309 from $21,903,997. The nine-month net loss was $2,267,520, or $2.35 per share, versus net income of $73,615, or $0.08 per share. Average common shares outstanding remained 966,132 in both reporting periods and comparative periods. All figures are subject to year-end audit.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointThird-quarter 2026 net sales rose to $7,530,167 from $7,360,284 in 2025.
Negative
- Major pointFirst-nine-month net results reversed to a $2,267,520 loss in 2026 from $73,615 income in 2025.
- Moderate pointFirst-nine-month net sales declined to $21,618,309 in 2026 from $21,903,997 in 2025.
- Minor pointThird-quarter net results reversed to a $915,977 loss in 2026 from $67,572 income in 2025.
- Minor pointThird-quarter per-share results fell to a $0.95 loss in 2026 from $0.07 earnings in 2025.
- Minor pointFirst-nine-month per-share results fell to a $2.35 loss in 2026 from $0.08 earnings in 2025.
2 minor points
- Minor pointThird-quarter pretax results reversed to a $916,103 loss in 2026 from $67,281 income in 2025.
- Minor pointFirst-nine-month pretax results reversed to a $2,267,085 loss in 2026 from $73,615 income in 2025.
News Explained
The Q3 results release reports a
Key Figures
- Third-quarter net sales
- $7,530,167
- Q3 2026; compared with $7,360,284 in Q3 2025
- Third-quarter pretax income (loss)
- ($916,103)
- Q3 2026; compared with $67,281 income in Q3 2025
- Third-quarter net income (loss)
- ($915,977)
- Q3 2026; compared with $67,572 net income in Q3 2025
- Third-quarter net income (loss) per common share
- ($0.95)
- Q3 2026; compared with $0.07 in Q3 2025
- First nine months net sales
- $21,618,309
- 2026; compared with $21,903,997 in 2025
- First nine months pretax income (loss)
- ($2,267,085)
- 2026; compared with $73,615 income in 2025
- First nine months net income (loss)
- ($2,267,520)
- 2026; compared with $73,615 net income in 2025
- First nine months net income (loss) per common share
- ($2.35)
- 2026; compared with $0.08 in 2025
Previous Earnings Reports
-
Reported second-quarter net loss of $989,528, versus $394,980 a year earlier.
-
Reported first-quarter net loss of $362,015 and loss per share of $0.37.
-
Prior-year third quarter reported net income of $67,572 and earnings per share of $0.07.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three and Nine Months Ended September 30 |
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Third Quarter |
First Nine Months |
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2026 |
2025 |
2026 |
2025 |
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Net sales |
|
|
|
|
|
Income (loss) before income taxes |
(916,103) |
67,281 |
(2,267,085) |
73,615 |
|
Net income (loss) |
(915,977) |
67,572 |
(2,267,520) |
73,615 |
|
Net income (loss) per common share |
(0.95) |
0.07 |
(2.35) |
0.08 |
|
Average common shares outstanding |
966,132 |
966,132 |
966,132 |
966,132 |
(All figures subject to year-end audit)
View original content:https://www.prnewswire.com/news-releases/chicago-rivet--machine-co-announces-third-quarter-results-of-operations-302932450.html
SOURCE Chicago Rivet & Machine Co.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were Chicago Rivet & Machine's third-quarter 2026 earnings?
Chicago Rivet & Machine reported a $915,977 net loss, or $0.95 per common share, for the third quarter of 2026. That compares with net income of $67,572, or $0.07 per share, in the third quarter of 2025.
How did CVR's sales change in the third quarter of 2026?
Chicago Rivet & Machine's third-quarter 2026 net sales rose to $7,530,167 from $7,360,284 in the third quarter of 2025.