Winnebago Industries Q3 Adj $1.13 Misses $1.34 Estimate, Sales $786.00M Miss $799.85M Estimate
Portfolio Pulse from Benzinga Newsdesk
Winnebago Industries (NYSE:WGO) reported Q3 earnings of $1.13 per share, missing the analyst estimate of $1.34. Sales were $786 million, below the $799.85 million estimate. Both earnings and sales saw significant declines compared to the same period last year.
June 20, 2024 | 11:03 am
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Winnebago Industries reported Q3 earnings of $1.13 per share, missing the analyst estimate of $1.34. Sales were $786 million, below the $799.85 million estimate. Both earnings and sales saw significant declines compared to the same period last year.
The significant miss on both earnings and sales estimates, coupled with the year-over-year declines, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100