Thor Industries: Fiscal Q3 Earnings Snapshot

ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Thor Industries Inc. (THO) on Wednesday reported fiscal third-quarter profit of $114.5 million.

The Elkhart, Indiana-based company said it had profit of $2.13 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.89 per share.

The recreational vehicle maker posted revenue of $2.8 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $2.72 billion.

Thor Industries expects full-year earnings to be $4.50 to $4.75 per share, with revenue in the range of $9.8 billion to $10.1 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THO at https://www.zacks.com/ap/THO

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up