The 10-second takeaway
For the quarter ended Aug. 25 (Q4), Winnebago Industries met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share expanded significantly.
Margins expanded across the board.
Winnebago Industries logged revenue of $162.5 million. The three analysts polled by S&P Capital IQ looked for revenue of $164.6 million on the same basis. GAAP reported sales were 25% higher than the prior-year quarter's $130.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.14. The four earnings estimates compiled by S&P Capital IQ forecast $0.19 per share. GAAP EPS of $1.41 for Q4 were much higher than the prior-year quarter's $0.12 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 10.0%, 350 basis points better than the prior-year quarter. Operating margin was 4.1%, 270 basis points better than the prior-year quarter. Net margin was 25.2%, 2,250 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $155.3 million. On the bottom line, the average EPS estimate is $0.09.
Next year's average estimate for revenue is $637.1 million. The average EPS estimate is $0.48.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 131 members out of 260 rating the stock outperform, and 129 members rating it underperform. Among 70 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 41 give Winnebago Industries a green thumbs-up, and 29 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Winnebago Industries is outperform, with an average price target of $15.00.
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