Thor Industries Q3 EPS $2.24 Beats $1.07 Estimate, Sales $2.93B Beat $2.83B Estimate
Portfolio Pulse from Benzinga Newsdesk
Thor Industries reported Q3 earnings of $2.24 per share, beating the analyst consensus estimate of $1.07 by 109.35%. Quarterly sales were $2.93 billion, surpassing the estimate of $2.83 billion by 3.53%. However, this represents a decrease in earnings and sales compared to the same period last year.
June 06, 2023 | 10:32 am
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POSITIVE IMPACT
Thor Industries' Q3 earnings and sales beat estimates, but both figures are lower compared to the same period last year.
Thor Industries beat analyst estimates for Q3 earnings and sales, which is generally a positive signal for the stock price. However, the decrease in earnings and sales compared to last year may temper the positive impact. Overall, the stock is likely to go up in the short term, but the decrease in earnings and sales should be considered.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100