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UPDATE: Winnebago FQ3 Profit Surges 94%

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Winnebago Industries (NYSE: WGO) reported a 94% rise in its fiscal third-quarter earnings.

Winnebago's quarterly profit surged to $7.7 million, or $0.27 per share, from $3.9 million, or $0.13 per share, in the year-ago period. However, analysts were projecting earnings of $0.27 per share.

Its revenue jumped 40% to $218.2 million.

Winnebago's gross margin rose to 9.7% from 7.8%.

Winnebago shares closed at $20.96 yesterday.

Posted-In: profitEarnings News

 

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