Thor Industries: Fiscal 3Q Earnings Snapshot
ELKHART, Ind. (AP) _ Thor Industries Inc. (THO) on Monday reported fiscal third-quarter net income of $32.7 million.
The Elkhart, Indiana-based company said it had net income of 59 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were $1.65 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share.
The recreational vehicle maker posted revenue of $2.51 billion in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $2.67 billion.
Thor Industries shares have climbed slightly more than 6% since the beginning of the year. The stock has fallen 46% in the last 12 months.