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

Winnebago Industries

21/03/2024 13:31

* Winnebago Industries Inc  WGO.N  reported quarterly
adjusted
earnings of 93 cents​​ per share for the quarter ended in
February, lower than the same quarter last year, when the
company reported EPS of $1.88.  The mean expectation of
twelve analysts for the quarter was for earnings of 85 cents per
share. Wall Street expected results to range from 68 cents to 98
cents per share.
    * Revenue fell 18.8% to $703.60 million from a year ago;
analysts
expected $706.45 million. 
    * Winnebago Industries Inc's reported EPS for the quarter
was a
loss of 43 cents​.
    * The company reported a quarterly loss of $12.7 million.
    * Winnebago Industries Inc shares had fallen by 10.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 15.2%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"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 $77.50 
This summary was machine generated from LSEG data March 21 at
01:31 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
 Feb. 29 2024      0.85           0.93           Beat
 Nov. 30 2023      1.17           1.06           Missed
 Aug. 31 2023      1.35           1.59           Beat
 May. 31 2023      1.82           2.13           Beat