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Thor Industries (THO) reported earnings 30 days ago. What's next for the stock?
HIgher interest rates have pummeled the RV industry.
Thor (THO) reports lower-than-expected second-quarter fiscal 2024 earnings. It now expects full-year consolidated net sales in the range of $10-$10.5 billion.
Thor missed top- and bottom-line expectations and lowered full-year guidance. Dealers are feeling the pinch from higher rates, and are adjusting inventories downward as a result.
While the top- and bottom-line numbers for Thor Industries (THO) give a sense of how the business performed in the quarter ended January 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Thor Industries (THO) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.50 per share a year ago.
Get a deeper insight into the potential performance of Thor Industries (THO) for the quarter ended January 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Thor Industries (THO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ELKHART, Ind., Feb. 22, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that the date for its fiscal 2024 second quarter earnings release will be on Wednesday, March 6, 2024 before the market opens.
Thor Industries (THO) reported earnings 30 days ago. What's next for the stock?