ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Thor Industries Inc. (THO) on Tuesday reported fiscal fourth-quarter profit of $90 million.
On a per-share basis, the Elkhart, Indiana-based company said it had net income of $1.68.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.
The recreational vehicle maker posted revenue of $2.53 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $2.45 billion.
For the year, the company reported profit of $265.3 million, or $4.94 per share. Revenue was reported as $10.04 billion.
Thor Industries expects full-year earnings to be $4 to $5 per share, with revenue in the range of $9 billion to $9.8 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 This material may not be published, broadcast, written or redistributed.
