Market Overview

Preview: Winnebago Industries's Earnings

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Winnebago Industries (NYSE: WGO) unveils its next round of earnings this Wednesday, October 21. Here is Benzinga's everything-that-matters guide for the earnings announcement.

The Definitions Of Net Income, Earnings And Earnings Per Share (EPS)

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Winnebago Industries EPS is expected to be around $0.9, according to sell-side analysts. Sales will likely be near $722.89 million. Winnebago Industries EPS in the same period a year ago totaled $1.03. Revenue was $530.40 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Many of the Wall Street analysts who study this company will publish an analyst estimate of its revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates," and these consensus estimates can have a significant effect on a company's performance when it releases earnings. When a company posts earnings or revenue above or below the consensus estimate, it has posted an "earnings surprise."

The analyst consensus estimate would represent a 12.62% decrease in the company's earnings. Sales would be up 36.29% from the same quarter last year. Winnebago Industries's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019
EPS Estimate -0.44 0.67 0.57 1.01
EPS Actual -0.26 0.67 0.73 1.03
Revenue Estimate 346.10 M 613.97 M 538.89 M 521.39 M
Revenue Actual 402.46 M 626.81 M 588.46 M 530.40 M

Stock Performance

Over the last 52-week period, shares are up 14.78%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Winnebago Industries is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/jwk7uexc

 

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Posted-In: Earnings