Thor Industries Inc reports results for the quarter ended October 31 - Earnings Summary

THOR Industries

04/12/2024 14:31

* Thor Industries Inc  THO.N  reported a quarterly adjusted
loss
of 3 cents​​ per share for the quarter ended October 31, lower
than the same quarter last year, when the company reported EPS
of 99 cents.  The mean expectation of thirteen analysts for the
quarter was for earnings of 71 cents per share. Wall Street
expected results to range from 22 cents to 99 cents per share.
    * Revenue fell 14.3% to $2.14 billion from a year ago;
analysts
expected $2.24 billion. 
    * Thor Industries Inc's reported EPS for the quarter was a
loss
of 3 cents​.
    * The company reported a quarterly loss of $1.83 million.
    * Thor Industries Inc shares had fallen by 1.3% this
quarter and
lost 8.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 37.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 10
"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 $102.50 
This summary was machine generated from LSEG data December 4 at
02:31 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
 Oct. 31 2024      0.71           -0.03          Missed
 Jul. 31 2024      1.30           1.68           Beat
 Apr. 30 2024      1.86           2.13           Beat
 Jan. 31 2024      0.67           0.35           Missed