Thor Industries Likely To Report Lower Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Thor Industries, Inc. (NYSE:THO) is expected to report lower Q4 earnings for fiscal 2023, with analysts predicting earnings of 95 cents per share, down from $5.15 per share in the previous year. The company's revenue is also expected to decrease to $2.41 billion from $3.82 billion. THO shares fell 1.7% to close at $95.32 on Thursday. Several analysts have recently updated their price targets for the company, with ratings ranging from 'Hold' to 'Outperform'.
September 22, 2023 | 6:44 am
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Thor Industries is expected to report lower Q4 earnings and revenue, which has likely contributed to a recent 1.7% drop in share price. Analysts' ratings and price targets vary, indicating uncertainty about the company's future performance.
The expected decrease in Thor Industries' Q4 earnings and revenue is a negative signal for investors, which is likely to have contributed to the recent drop in share price. The varying ratings and price targets from analysts suggest uncertainty about the company's future performance, which could lead to increased volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100