Fox Factory Holding: Q3 Earnings Snapshot
DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — Fox Factory Holding Corp. (FOXF) on Thursday reported third-quarter net income of $35.3 million.
The Duluth, Georgia-based company said it had profit of 83 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.05 per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The vehicle suspension maker posted revenue of $331.1 million in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $397.7 million.
Fox Factory Holding expects full-year revenue in the range of $1.43 billion to $1.47 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FOXF at https://www.zacks.com/ap/FOXF
