Thor Industries's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Thor Industries (NYSE:THO) is set to release its quarterly earnings report on March 6, 2024, with an estimated EPS of $0.69. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. Historically, Thor Industries has had mixed earnings performance, with the last quarter missing EPS estimates by $0.06 but resulting in a 2.49% share price increase the following day. Over the last 52 weeks, THO shares have risen by 44.39%, indicating a generally positive outlook from long-term shareholders.
March 05, 2024 | 2:01 pm
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Thor Industries is anticipated to report an EPS of $0.69 for the upcoming quarter. Historical performance shows mixed results, but a positive trend in stock price over the last year.
Given Thor Industries' historical performance and the positive trend in its stock price over the last year, the upcoming earnings report could potentially lead to a positive short-term impact on THO's stock price, especially if the company beats the EPS estimate and provides optimistic future guidance.
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IMPORTANCE 90
RELEVANCE 100