UPDATE: Winnebago Q1 Profit Surges 51%
Winnebago Industries (NYSE: WGO) reported a 51% rise in first-quarter profit.
Winnebago's quarterly net income surged to $11.1 million, or $0.40 per share, from a year-ago profit of $7.4 million, or $0.26 per share.
Its revenue climbed 15% to $222.7 million. However, analysts were estimating earnings of $0.37 per share on revenue of $233.1 million.
Winnebago shares closed at $31.64 yesterday.
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