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

Winnebago Industries

20/12/2023 14:31

* Winnebago Industries Inc  WGO.N  reported quarterly
adjusted
earnings of 78 cents​​ per share for the quarter ended in
November, lower than the same quarter last year, when the
company reported EPS of $2.07.  The mean expectation of
eleven analysts for the quarter was for earnings of $1.17 per
share. Wall Street expected results to range from 85 cents
to $1.35 per share.
    * Revenue fell 19.9% to $763.00 million from a year ago;
analysts
expected $723.82 million. 
    * Winnebago Industries Inc shares had risen by 26.4% this
quarter and gained 42.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 25%
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 "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 $70.00 
This summary was machine generated from LSEG data December 20 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
 Nov. 30 2023      1.17           0.78           Missed
 Aug. 31 2023      1.35           1.59           Beat
 May. 31 2023      1.82           2.13           Beat
 Feb. 28 2023      1.25           1.88           Beat