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Thor Industries (NYSE:THO) unveils its next round of earnings this Wednesday, Mar. 6. Get prepared with Benzinga's ultimate preview for the Q2 earnings.
Earnings and Revenue
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Thor Industries EPS will likely be near $1.11 while revenue will be around $1.62 billion, according to analysts.
In the same quarter last year, Thor Industries reported EPS of $2.15 on revenue of $1.97 billion. The Wall Street consensus estimate for earnings would represent a 48.37 percent decrease for the company. Sales would be down 17.85 percent on a year-over-year basis. Here's how the Thor Industries's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 1.72 | 2.03 | 2.6 | 1.81 |
| EPS Actual | 1.28 | 1.67 | 2.53 | 2.15 |
Stock Performance
Over the last 52-week period, shares are down 44.9 percent. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Thor Industries. The strength of this rating has maintained conviction over the past three months.
Conference Call
Thor Industries's Q2 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: https://ir.thorindustries.com/press-release-and-events-calendar/events-calendar/default.aspx
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.