Thor Industries: Fiscal Q4 Earnings Snapshot

Posted

ELKHART, Ind. (AP) _ Thor Industries Inc. (THO) on Tuesday reported fiscal fourth-quarter profit of $230.3 million.

On a per-share basis, the Elkhart, Indiana-based company said it had profit of $4.12.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.91 per share.

The recreational vehicle maker posted revenue of $3.59 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.33 billion.

For the year, the company reported profit of $659.9 million, or $11.85 per share. Revenue was reported as $12.32 billion.

Thor Industries shares have increased 21% since the beginning of the year. The stock has increased 21% in the last 12 months.

_____

This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/THO

Comments

No comments on this story | Please log in to comment by clicking here