Thor Industries Analysts Raise Their Forecasts After Upbeat Q3 Results
Portfolio Pulse from Lisa Levin
Thor Industries reported better-than-expected Q3 results with net sales of $2.93 billion and EPS of $2.24, beating consensus estimates. The company raised its FY23 earnings guidance, and analysts from Citigroup, Baird, and BMO Capital increased their price targets on the stock.
June 07, 2023 | 12:27 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Thor Industries' better-than-expected Q3 results and raised FY23 guidance led to increased price targets from Citigroup, Baird, and BMO Capital.
Thor Industries reported strong Q3 results, beating consensus estimates for both net sales and EPS. The company also raised its FY23 earnings guidance, which is a positive signal for investors. As a result, analysts from Citigroup, Baird, and BMO Capital increased their price targets on the stock, indicating a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100