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Winnebago: Fiscal 3Q Earnings Snapshot

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June 19th, 2019 by Ric Hanson

FOREST CITY, Iowa (AP) _ Winnebago Industries Inc. (WGO) on Wednesday reported fiscal third-quarter profit of $36.2 million. On a per-share basis, the Forest City, Iowa-based company said it had profit of $1.14. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.

The recreational vehicle maker posted revenue of $528.9 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $569.9 million. Winnebago shares have risen 59% since the beginning of the year. The stock has decreased nearly 6% in the last 12 months.