Thor Industries: Fiscal Q1 Earnings Snapshot

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ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Thor Industries Inc. (THO) on Wednesday reported fiscal first-quarter earnings of $53.6 million.

The Elkhart, Indiana-based company said it had profit of 99 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.

The recreational vehicle maker posted revenue of $2.5 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $2.51 billion.

Thor Industries expects full-year earnings to be $6.25 to $7.25 per share, with revenue in the range of $10.5 billion to $11 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 THO at https://www.zacks.com/ap/THO

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