AP NEWS

Winnebago: Fiscal 1Q Earnings Snapshot

December 20, 2019 GMT

FOREST CITY, Iowa (AP) _ Winnebago Industries Inc. (WGO) on Friday reported fiscal first-quarter net income of $14.1 million.

On a per-share basis, the Forest City, Iowa-based company said it had profit of 44 cents. Earnings, adjusted for non-recurring costs, came to 73 cents per share.

The recreational vehicle maker posted revenue of $588.5 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $530.4 million.

Winnebago shares have risen 99% since the beginning of the year. The stock has more than doubled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WGO at https://www.zacks.com/ap/WGO