UPDATE: Winnebago Q1 Profit Surges 51%

Winnebago Industries 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.