Thor Industries Inc reports results for the quarter ended April 30 - Earnings Summary

• Thor Industries Inc THO.N reported quarterly adjusted earnings of $2.53​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $2.13. The mean expectation of fifteen analysts for the quarter was for earnings of $1.78 per share. Wall Street expected results to range from $1.41 to $1.94 per share.

• Revenue rose 3.3% to $2.89 billion from a year ago; analysts expected $2.61 billion.

• Thor Industries Inc's reported EPS for the quarter was $2.53​.

• The company reported quarterly net income of $135.19 million.

• Thor Industries Inc shares had risen by 8.7% this quarter and lost 13.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.2% 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 3 "strong buy" or "buy," 11 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the recreational products peer group is "buy."

• Wall Street's median 12-month price target for Thor Industries Inc is $82.00

This summary was machine generated from LSEG data June 4 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)