RV manufacturer THOR Industries rises on Q3 results beat

THOR Industries

06/06/2023 12:07

** Shares of recreational vehicle manufacturer THOR
Industries Inc  THO.N  rise 5.23% to $83.30 premarket 
    ** Co raises FY23 earnings per share forecast to $5.80-
$6.50 from $5.50 to $6.50 on improved operational efficiency
    ** Reports Q3 earnings of $2.24 per share, beating analysts'
estimates of $1.06 - Refinitiv 
    ** Q3 net sales of $2.93 bln also above analysts' estimates
of $2.82 bln, led by strong demand in European segment 
    ** YTD, THO stock up 4.86% vs 60.82% gain in S&P 500
Automobile Manufacturers Index  .SPLRCAUTM 
    

 (Reporting by Ananta Agarwal in Bengaluru)
 ((Ananta.Agarwal@thomsonreuters.com))