Winnebago Industries, Inc. (WGO) 3Q20 Earnings Preview

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Winnebago Industries, Inc. (NYSE:WGO) is set to announce third quarter earning results on Wednesday 24th June 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, WGO to report 3Q20 loss of $ 0.44 per share from revenue of $ 346.10 million.

For the full year, analysts anticipate top line of $ 2149.20 million, while looking forward to income of $ 1.83 per share bottom line.

Stock Performance

According to the previous trading day, closing price of WGO was $ 70.90, representing a 318.54 % increase from the 52 week low of $ 16.94 and a 2.41 % decrease over the 52 week high of $ 72.65.

The company has a market capital of $ 2.39 billion and is part of the Consumer Cyclical sector and Recreational Vehicles industry.

Recent Analyst recommendations

On 10th June 2020, maintained by KeyBanc at Overweight rating, with $ 80.00 target price.

On 4th June 2020, maintained by SunTrust Robinson Humphrey at Buy rating, with $ 70.00 target price.

On 29th May 2020, downgraded by Sidoti to Neutral from Buy rating

On 14th May 2020, maintained by Sidoti at Buy rating, with $ 57.00 target price.

On 12th May 2020, maintained by SunTrust Robinson Humphrey at Buy rating, with $ 60.00 target price.

Recent Stock Dividend Announcement

On May 19, 2020, the board of directors authorized quarterly dividend of $ 0.11 per share to holders of record as of the close of business on June 17, 2020, with payment date of July 1, 2020 and ex-dividend date on June 16, 2020.

The board of directors has authorized quarterly dividend of $ 0.11 per share on March 17, 2020. The dividend were payable on April 29, 2020 to holders of record as of the close of business on April 15, 2020 and ex-dividend date on April 14, 2020.

Conference Call

Winnebago Industries, Inc. will be hosting a conference call at 10:00 AM eastern time on 24th June 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/tfuuqfk6

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.