Winnebago: Fiscal Q1 Earnings Snapshot
EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — Winnebago Industries Inc. (WGO) on Wednesday reported fiscal first-quarter profit of $25.8 million.
The Eden Prairie, Minnesota-based company said it had net income of 78 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.06 per share.
The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The recreational vehicle maker posted revenue of $763 million in the period, topping Street forecasts. Six analysts surveyed by Zacks expected $727.6 million.
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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 WGO at https://www.zacks.com/ap/WGO
