Thor Industries (NYSE: THO ) is expected to report Q1 earnings around Nov. 9. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Thor Industries's revenues will grow 10.6% and EPS will grow 31.7%.
The average estimate for revenue is $744.9 million. On the bottom line, the average EPS estimate is $0.54.
Last quarter, Thor Industries reported revenue of $888.2 million. GAAP reported sales were 15% higher than the prior-year quarter's $770.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.84. GAAP EPS of $0.84 for Q4 were 27% higher than the prior-year quarter's $0.66 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 12.7%, 30 basis points worse than the prior-year quarter. Operating margin was 7.1%, 30 basis points better than the prior-year quarter. Net margin was 5.0%, 20 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $3.36 billion. The average EPS estimate is $2.78.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 206 members out of 238 rating the stock outperform, and 32 members rating it underperform. Among 70 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 67 give Thor Industries a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Thor Industries is buy, with an average price target of $38.00.
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