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Stock impact report

THOR Industries Second Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]

Thor Industries, Inc. (THO) 
Last thor industries, inc. earnings: 3/9 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.thorindustries.com/home/default.aspx
Company Research Source: Yahoo! Finance
Net income: US$7.22m (down 73% from 2Q 2023). Profit margin: 0.3% (down from 1.2% in 2Q 2023). The decrease in margin was driven by lower revenue. EPS: US$0.14 (down from US$0.51 in 2Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period THOR Industries Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 80%. Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto industry in the US. Performance of the American Auto industry. The company's shares are down 17% from a week ago. Risk Analysis Before you take the next step you should know about the 2 warning signs for THOR Industries that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This articl Show less Read more
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