Winnebago Industries Q4 Adj $0.28 Misses $0.89 Estimate, Sales $720.90M Beat $719.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
Winnebago Industries reported Q4 earnings of $0.28 per share, missing the $0.89 estimate, and a significant decrease from last year's $1.41. However, sales of $720.90M slightly beat the $719.14M estimate, despite a year-over-year decline.
October 23, 2024 | 11:08 am
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Winnebago Industries' Q4 earnings per share of $0.28 missed expectations by 68.54%, a significant drop from last year's $1.41. Sales slightly exceeded estimates at $720.90M, but were down 6.50% year-over-year.
The significant miss on earnings per share compared to analyst expectations and the large year-over-year decrease in earnings are likely to negatively impact the stock price in the short term. Although sales slightly beat expectations, the overall decline in sales from the previous year adds to the negative sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100