Winnebago Industries Earnings: Everything You Must Know Now
Winnebago Industries Inc. (NYSE:WGO) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Winnebago Industries Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 107.69% to $0.27 in the quarter versus EPS of $0.13 in the year-earlier quarter.
Revenue: Rose 40.13% to $218.2 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Winnebago Industries Inc. reported adjusted EPS income of $0.27 per share. By that measure, the company met the mean analyst estimate of $0.27. It beat the average revenue estimate of $197.78 million.
Quoting Management: “We worked extremely hard to deliver significant improvement in the third quarter as compared to the prior year,” said Winnebago Industries’ Chairman, CEO and President Randy Potts. “We again increased our shipment volume in nearly every sector of our business due to the continued rise in customer demand.”
Key Stats (on next page)…