Drew Industries (DW) Tops Q4 EPS by 3c

Drew Industries (NYSE: DW) reported Q4 EPS of $0.49, $0.03 better than the analyst estimate of $0.46. Revenue for the quarter came in at $289 million versus the consensus estimate of $263.4 million.

"Our net sales in 2014 were strong, demonstrating the effectiveness of our long-term strategy," said Jason Lippert, Drew's Chief Executive Officer. "In 2014, the RV industry experienced a solid year as the RV lifestyle continued to gain in popularity, consumer confidence improved, and retail demand for RVs in 2014 grew 8 percent from 2013. In particular, retail demand for RVs in the fourth quarter of 2014 accelerated, increasing 15 percent as compared to the fourth quarter of 2013. In response to the increase in retail demand for 2014, manufacturers produced more RVs in 2014 than any year since 2006."

For earnings history and earnings-related data on Drew Industries (DW) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• SVB & T Corporation (SVBT) Tops Q2 EPS by 275c
• Pro Diversity Network (IPDN) Reports Q2 Loss of $0.15