THOR Industries Lowers FY24 EPS Guidance From $5.00 - $5.50 To $4.50 - $4.75 Vs. $5.19 Est.
Portfolio Pulse from Benzinga Newsdesk
THOR Industries has lowered its FY24 EPS guidance from $5.00 - $5.50 to $4.50 - $4.75, which is below the estimated $5.19.
June 05, 2024 | 10:38 am
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THOR Industries has revised its FY24 EPS guidance downward from $5.00 - $5.50 to $4.50 - $4.75, which is below the market estimate of $5.19. This revision indicates potential challenges in the company's financial performance.
The downward revision of EPS guidance suggests that THOR Industries is facing financial challenges, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100