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Winnebago: Fiscal 4Q Earnings Snapshot

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October 17th, 2018 by Ric Hanson

FOREST CITY, Iowa (AP) _ Winnebago Industries Inc. (WGO) today (Wednesday), reported fiscal fourth-quarter profit of $29.8 million. The Forest City, Iowa-based company said it had net income of 94 cents per share. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share. The recreational vehicle maker posted revenue of $536.2 million in the period.

For the year, the company reported profit of $102.4 million, or $3.22 per share. Revenue was reported as $2.02 billion. Winnebago shares have dropped 43 percent since the beginning of the year. The stock has decreased 28 percent in the last 12 months.