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Thor Industries Inc. Message Board

  • cmmdrsolo cmmdrsolo Nov 27, 2012 8:28 AM Flag

    Adjusted EPS was $0.63, a $0.01 beat

    Most analysts back out one-time expenses and intangibles amortization in their estimates. If you back out $1.1 MM in one-time separation expense, and back out IA, you get $0.63. Also, the warranty provision relative to warranty payments in the quarter was unusually high relative to first quarters in recent years. I guess that is because of the the strong sales growth. But one could also argue that management felt it had some room to smooth earnings by taking a higher than normal provision in the quarter.

53.18-0.32(-0.60%)Jul 25 4:02 PMEDT

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