Thor Industries, Inc. (NYSE:THO) is reporting first quarter financial results on Tuesday 8th December 2020, before market open.
According to analysts surveyed by Thomson Reuters, THO is expected to report 1Q21 income of $ 1.56 per share from revenue of $ 2370.48 million.
For the full year, analysts anticipate top line of $ 9952.21 million, while looking forward to income of $ 6.78 per share bottom line.
Previous Quarter Performance
Thor Industries, Inc. unfold income for the fourth quarter of $ 2.14 per share, from the revenue of $ 2,324.00 million. The quarterly earnings gained 28.14 percent while revenues elevated 0.52 percent compared with the same quarter last year.
Wall street analysts are predicting, THO to report 4Q20 income of $ 1.34 per share from revenue of $ 2287.69 million. The bottom line results beat street analysts by $ 0.8 or 59.70 percent, at the same time, top line results outshined analysts by $ 36.31 million or 1.59 percent.
Stock Performance
Shares of Thor Industries, Inc. traded up $ 2.65 or 2.77 percent on Monday, reaching $ 98.47 with volume of 1.08 million shares. Thor Industries, Inc. has traded high as $ 99.40 and has cracked $ 94.38 on the downward trend
According to the previous trading day, closing price of $ 98.47, representing a 196.66 % increase from the 52 week low of $ 32.30 and a 21.03 % decrease over the 52 week high of $ 121.33.
The company has a market capital of $ 5.45 billion and is part of the Consumer Cyclical sector and Recreational Vehicles industry.
Thor Industries, Inc., through its subsidiaries, designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories primarily in the United States and Canada. It operates in two segments, Towable Recreational Vehicles and Motorized Recreational Vehicles. The company offers travel trailers under the Airstream Classic, International, Tommy Bahama, Flying Cloud, Sport, Basecamp, and Nest travel trade names, as well as Interstate series of Class B motorhomes; and gasoline and diesel Class A and Class C motorhomes under the Four Winds, Freedom Elite, Majestic, Hurricane, Chateau, Windsport, Axis, Vegas, Tuscany, Palazzo, Aria, Quantum, Compass, Gemini, and A.C.E trade names.
