Thor Industries Q3 EPS $2.13 Beats $1.80 Estimate, Sales $2.80B Beat $2.72B Estimate
Portfolio Pulse from Benzinga Newsdesk
Thor Industries (NYSE:THO) reported Q3 earnings per share (EPS) of $2.13, beating the analyst estimate of $1.80 by 18.33%. Quarterly sales were $2.80 billion, surpassing the $2.72 billion estimate. Despite these beats, both EPS and sales were down compared to the same period last year.
June 05, 2024 | 10:34 am
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Thor Industries reported Q3 EPS of $2.13, beating estimates by 18.33%, and sales of $2.80 billion, surpassing expectations. However, both EPS and sales were down compared to the same period last year.
The positive earnings and sales beats are likely to have a short-term positive impact on the stock price. However, the year-over-year declines in both metrics may temper investor enthusiasm.
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