Winnebago Smashes Q3 Estimates; Earnings Up 84%
June 23 2022 - 04:22AM
TipRanks
Winnebago Industries (WGO) shares jumped almost 6% on June 22 after
the leading manufacturer of outdoor lifestyle products and
motorhomes delivered blowout fiscal third-quarter results, well
above analyst expectations. Q3 Beat The company reported stellar
quarterly earnings of $4.13 per share, which is significantly
higher than analysts’ estimates of $2.96 per share and 84.4% higher
than earnings of $2.24 per share reported in the prior-year period.
Similarly, revenue climbed a whopping 52% to $1.46 billion compared
to the prior-year period and outpaced the Street’s estimate of
$1.21 billion.
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Winnebago Industries (NYSE:WGO)
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