ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Thor Industries Inc. (THO) on Wednesday reported fiscal first-quarter earnings of $21.7 million.
On a per-share basis, the Elkhart, Indiana-based company said it had net income of 41 cents.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The recreational vehicle maker posted revenue of $2.39 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $2.12 billion.
Thor Industries expects full-year earnings to be $3.75 to $4.25 per share, with revenue in the range of $9 billion to $9.5 billion.
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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
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