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

• Winnebago Industries Inc WGO.N reported quarterly adjusted earnings of 81 cents​​ per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of $1.13. The mean expectation of thirteen analysts for the quarter was for earnings of 79 cents per share. Wall Street expected results to range from 75 cents to 82 cents per share.

• Revenue fell 1.4% to $775.10 million from a year ago; analysts expected $774.81 million.

• Winnebago Industries Inc's reported EPS for the quarter was 62 cents​.

• The company reported quarterly net income of $17.6 million.

• Winnebago Industries Inc shares had fallen by 9.1% this quarter and lost 34.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 49.9% in the last three months.​

• In the last 30 days, thirteen analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 6 "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 $38.00, about 17.6% above its last closing price of $31.33

This summary was machine generated from LSEG data June 25 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)