What's Next: Winnebago Industries's Earnings Preview

Winnebago Industries (NYSE:WGO) is set to give its latest quarterly earnings report on Wednesday, 2024-10-23. Here's what investors need to know before the announcement.

Analysts estimate that Winnebago Industries will report an earnings per share (EPS) of $0.96.

Winnebago Industries bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings Track Record

Last quarter the company missed EPS by $0.19, which was followed by a 1.28% drop in the share price the next day.

Here's a look at Winnebago Industries's past performance and the resulting price change:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

EPS Estimate

1.32

0.85

1.20

1.35

EPS Actual

1.13

0.93

1.06

1.59

Price Change %

-1.0%

1.0%

2.0%

1.0%

Tracking Winnebago Industries's Stock Performance

Shares of Winnebago Industries were trading at $58.1 as of October 21. Over the last 52-week period, shares are up 0.81%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Winnebago Industries

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Winnebago Industries.

A total of 2 analyst ratings have been received for Winnebago Industries, with the consensus rating being Buy. The ...