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0 0 0.00635788262370551 0.0040276179516686 0.0138089758342924 -0.0225834292289988 -0.0382623705408515 -0.0399884925201379
Stock impact report

Reflecting On Automobile Manufacturing Stocks' Q2 Earnings: Winnebago (NYSE:WGO) [Yahoo! Finance]

Winnebago Industries, Inc. (WGO) 
Last winnebago industries, inc. earnings: 3/25 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Today we are looking at Winnebago (NYSE:WGO) and the best and worst performers in the automobile manufacturing industry. Much capital investment and technical know-how are needed to manufacture functional, safe, and aesthetically pleasing automobiles for the mass market. Barriers to entry are therefore high, and auto manufacturers with economies of scale can boast strong economic moats. However, this doesn't insulate them from new entrants, as electric vehicles (EVs) have entered the market and are upending it. This has forced established manufacturers to not only contend with emerging EV-first competitors but also decide how much they want to invest in these disruptive technologies, which will likely cannibalize their legacy offerings. The 7 automobile manufacturing stocks we track reported a slower Q2. As a group, revenues beat analysts' consensus estimates by 2.6%. Luckily, automobile manufacturing stocks have performed well with share prices up 13.9% on average since the lat Show less Read more
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