Winnebago Industries Inc reports results for the quarter ended in August 31 - Earnings Summary

Winnebago Industries

24/10/2024 03:58

* Winnebago Industries Inc  WGO.N  reported quarterly
adjusted
earnings of 28 cents​​ per share for the quarter ended August
31, lower than the same quarter last year, when the company
reported EPS of $1.59.  The mean expectation of
fourteen analysts for the quarter was for earnings of 89 cents
per share. Wall Street expected results to range from 60 cents
to $1.09 per share.
    * Revenue fell 6.5% to $720.90 million from a year ago;
analysts
expected $719.14 million. 
    * Winnebago Industries Inc's reported EPS for the quarter
was a
loss of $1.01​.
    * The company reported a quarterly loss of $29.1 million.
    * Winnebago Industries Inc shares had fallen by 0.2% this
quarter and lost 20.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.9%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the recreational
products peer group is also "buy"

Wall Street's median 12-month price target for Winnebago
Industries Inc is 64.00 
This summary was machine generated from LSEG data October 24 at
02:58 a.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
 Aug. 31 2024      0.89           0.28           Missed
 May. 31 2024      1.32           1.13           Missed
 Feb. 29 2024      0.85           0.93           Beat
 Nov. 30 2023      1.17           1.06           Missed