Winnebago: Fiscal 3Q Earnings Snapshot
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.