Thor Industries: Fiscal 4Q Earnings Snapshot
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.