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Exploring Analyst Estimates for Winnebago (WGO) Q3 Earnings, Beyond Revenue and EPS
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Wall Street analysts forecast that Winnebago Industries (WGO - Free Report) will report quarterly earnings of $0.85 per share in its upcoming release, pointing to a year-over-year increase of 4.9%. It is anticipated that revenues will amount to $776.91 million, exhibiting an increase of 0.2% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Winnebago metrics that Wall Street analysts commonly model and monitor.
Analysts predict that the 'Net Revenues- Motorhome RV' will reach $347.20 million. The estimate indicates a change of +19.2% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Revenues- Marine' of $97.66 million. The estimate indicates a year-over-year change of -3%.
Analysts' assessment points toward 'Net Revenues- Corporate / All Other' reaching $11.07 million. The estimate suggests a change of -3.7% year over year.
The combined assessment of analysts suggests that 'Net Revenues- Towable RV' will likely reach $314.91 million. The estimate suggests a change of -15.3% year over year.
Analysts forecast 'Unit deliveries - Marine - Boats' to reach 1,218 . The estimate compares to the year-ago value of 1,254 .
Analysts expect 'Unit deliveries - Total Towable RV' to come in at 8,000 . The estimate compares to the year-ago value of 9,495 .
The average prediction of analysts places 'Unit deliveries - Total Motorhome RV' at 1,606 . Compared to the current estimate, the company reported 1,431 in the same quarter of the previous year.
Shares of Winnebago have demonstrated returns of -2.3% over the past month compared to the Zacks S&P 500 composite's +1.4% change. With a Zacks Rank #3 (Hold), WGO is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Exploring Analyst Estimates for Winnebago (WGO) Q3 Earnings, Beyond Revenue and EPS
Wall Street analysts forecast that Winnebago Industries (WGO - Free Report) will report quarterly earnings of $0.85 per share in its upcoming release, pointing to a year-over-year increase of 4.9%. It is anticipated that revenues will amount to $776.91 million, exhibiting an increase of 0.2% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Winnebago metrics that Wall Street analysts commonly model and monitor.
Analysts predict that the 'Net Revenues- Motorhome RV' will reach $347.20 million. The estimate indicates a change of +19.2% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Revenues- Marine' of $97.66 million. The estimate indicates a year-over-year change of -3%.
Analysts' assessment points toward 'Net Revenues- Corporate / All Other' reaching $11.07 million. The estimate suggests a change of -3.7% year over year.
The combined assessment of analysts suggests that 'Net Revenues- Towable RV' will likely reach $314.91 million. The estimate suggests a change of -15.3% year over year.
Analysts forecast 'Unit deliveries - Marine - Boats' to reach 1,218 . The estimate compares to the year-ago value of 1,254 .
Analysts expect 'Unit deliveries - Total Towable RV' to come in at 8,000 . The estimate compares to the year-ago value of 9,495 .
The average prediction of analysts places 'Unit deliveries - Total Motorhome RV' at 1,606 . Compared to the current estimate, the company reported 1,431 in the same quarter of the previous year.
View all Key Company Metrics for Winnebago here>>>Shares of Winnebago have demonstrated returns of -2.3% over the past month compared to the Zacks S&P 500 composite's +1.4% change. With a Zacks Rank #3 (Hold), WGO is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .