Thor Industries Inc reports results for the quarter ended in January - Earnings Summary

THOR Industries

06/03/2024 14:42

* Thor Industries Inc  THO.N  reported quarterly adjusted
earnings
of 35 cents​​ per share for the quarter ended in January, lower
than the same quarter last year, when the company reported EPS
of 50 cents.  The mean expectation of twelve analysts for the
quarter was for earnings of 67 cents per share. Wall Street
expected results to range from 42 cents to 84 cents per share.
    * Revenue fell 5.9% to $2.21 billion from a year ago;
analysts
expected $2.27 billion. 
    * Thor Industries Inc's reported EPS for the quarter was 13
cents​.
    * The company reported quarterly net income of $7.22
million.
    * Thor Industries Inc shares had risen by 7.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the recreational
products peer group is also "hold"

Wall Street's median 12-month price target for Thor Industries
Inc is $99.00 
This summary was machine generated from LSEG data March 6 at
02:41 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      0.67           0.35           Missed
 Oct. 31 2023      0.98           0.99           Beat
 Jul. 31 2023      0.96           1.68           Beat
 Apr. 30 2023      1.06           2.24           Beat