Winnebago Industries, Inc. (NYSE:WGO) manufacturer of recreation vehicles, is reporting fourth quarter earnings results on Wednesday 21st October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.90 per share.
For the full year, analysts predict revenues of $ 2343.11 million, while looking forward to income of $ 2.05 per share.
Previous Quarter Performance
Winnebago Industries, Inc. revealed loss for the third quarter of $ 0.26 per share, from the revenue of $ 402.46 million. The quarterly revenues declined 23.91 percent compared with the same quarter last year. Wall street analysts are predicting, WGO to report 3Q20 loss of $ 0.44 per share from revenue of $ 346.10 million. The bottom line results beat street analysts by $ 0.18 or 40.91 percent, at the same time, top line results outshined analysts by $ 56.36 million or 16.28 percent.
Stock Performance
Shares of Winnebago Industries, Inc. traded up $ 2.18 or 3.98 percent on Tuesday, reaching $ 57.00 with volume of 1.55 million shares. Winnebago Industries, Inc. has traded high as $ 57.91 and has cracked $ 55.68 on the downward trend
The closing price of $ 57.00, representing a 223.61 % increase from the 52 week low of $ 16.94 and a 24.54 % decrease over the 52 week high of $ 72.65.
The company has a market capital of $ 2.03 billion and is part of the Consumer Cyclical sector and Recreational Vehicles industry.
Recent Analyst recommendations
- On 23rd September 2020, upgraded by Wolfe Research to Outperform from Peer Perform rating.
Conference Call
Winnebago Industries, Inc. will be hosting a conference call at 10:00 AM eastern time on 21st October 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.winnebagoind.com
Winnebago Industries, Inc. manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates in five segments: Winnebago Motorhomes, Winnebago Towables, Grand Design Towables, Winnebago Specialty Vehicles, and Chris-Craft Marine.
