Thor Industries (THO) Tops Q4 EPS by 22c
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Price: $103.37 +2.04%
Financial Fact:
Cost of products sold: 1.47B
Today's EPS Names:
SFST, VLTO, CLIR, More
Financial Fact:
Cost of products sold: 1.47B
Today's EPS Names:
SFST, VLTO, CLIR, More
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Thor Industries (NYSE: THO) reported Q4 EPS of $1.57, $0.22 better than the analyst estimate of $1.35. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.27 billion.
Outlook:
- Continued strength in the RV market and an ongoing shift toward more moderately priced towable and motorized products, as well as a full year of revenues from Jayco, is expected to result in double-digit revenue growth in fiscal 2017.
- The inclusion of lower gross-margin product sales from Jayco is expected to result in a dilution of gross margins in the coming year, though Jayco should contribute meaningful accretion to earnings per share for the full year.
For earnings history and earnings-related data on Thor Industries (THO) click here.
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