Thor Industries: Fiscal 4Q Earnings Snapshot

September 20, 2018

ELKHART, Ind. (AP) _ Thor Industries Inc. (THO) on Thursday reported fiscal fourth-quarter net income of $88.2 million.

The Elkhart, Indiana-based company said it had profit of $1.67 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.

The recreational vehicle maker posted revenue of $1.87 billion in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $1.8 billion.

For the year, the company reported profit of $430.2 million, or $8.14 per share. Revenue was reported as $8.33 billion.

Thor Industries shares have dropped 30 percent since the beginning of the year. The stock has fallen 8 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THO at https://www.zacks.com/ap/THO

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