Thor Reports a Profit and Positive Net Cash from Operations for the Third Quarter of Fiscal 2020
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Go back to Thor Reports a Profit and Positive Net Cash from Operations for the Third Quarter of Fiscal 2020
June 10, 2020 8:38 AM EDT
KeyBanc analyst Brett Andress raised the price target on Thor Industries Inc. (NYSE: THO) to $140.00 (from $62.00) while maintaining a Overweight rating following the company's 3Q earnings report. THO reported F3Q20 EPS of $0.43 (above consensus of -$0.26), with sales of $1.682B (above... More
June 8, 2020 6:33 AM EDT
Thor Industries (NYSE: THO) reported Q3 EPS of $0.43, $0.14 better than the analyst estimate of $0.29. Revenue for the quarter came in at $1.68 billion versus the consensus estimate of $1.67 billion.
Net sales for the third quarter were $1.68 billion. Third-quarter results include $1.04 billion in North American RV sales and $615.3 million in European RV net sales.Gross profit margin for the third quarter was 12.2%.Net income attributable to Thor for the third quarter was $24.1 million.Net cash from operations for the year-to-date period was $237.3 million.Diluted earnings per share were...
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