Thor Industries Q2 Earnings Preview

Thor Industries 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

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

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Posted In: EarningsNewsEarnings Previews
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