UPDATE: Winnebago FQ3 Profit Surges 94%

Winnebago Industries 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.