Does The Street Have Thor Industries Figured Out?

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Thor Industries (NYS: THO) is expected to report Q2 earnings around March 10. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Thor Industries's revenues will grow 24.2% and EPS will grow 52.0%.

The average estimate for revenue is $741.4 million. On the bottom line, the average EPS estimate is $0.38.


Revenue details
Last quarter, Thor Industries logged revenue of $875.6 million. GAAP reported sales were 30% higher than the prior-year quarter's $673.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.60. GAAP EPS of $0.58 for Q1 were 41% higher than the prior-year quarter's $0.41 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 11.5%, 40 basis points better than the prior-year quarter. Operating margin was 5.4%, 40 basis points better than the prior-year quarter. Net margin was 3.5%, 20 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.65 billion. The average EPS estimate is $2.89.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 209 members out of 243 rating the stock outperform, and 34 members rating it underperform. Among 74 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 70 give Thor Industries a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Thor Industries is buy, with an average price target of $44.00.

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The article Does The Street Have Thor Industries Figured Out? originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. TMFDisclosureHere

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