Shares of Thor Industries (NYSE:THO) rallied 17.09% to $58.03 after the company reported Q2 results.
Adjusted earnings per share came in at $1.24, which beat the estimate of $0.69.
Revenue of $2,003,000,000 up by 55.15% from the same period last year, which beat the estimate of $1,820,000,000.
Q3 revenue expected between $14,000,000,000 and $14,000,000,000.
Details Of The Call
Date: Dec 09, 2019
Time: 08:00 AM ET
Recent Stock Performance
52-week high: $89.45
Company's 52-week low was at $42.05
Price action over last quarter: Up 14.72%
Thor Industries is an American manufacturer of recreational vehicles through its subsidiaries. The company reports through three segments: North American towable recreational vehicles, North American motorized recreational vehicles, and European recreational vehicles. The North American towable RV business segments operations by brand: Airstream, Heartland, Jayco, Keystone, and KZ. North American motorized RV does the same through the Airstream, Jayco, and Thor Motor Coach brands. Thor's European RV business consists solely of the Erwin Hymer Group, which manufactures both towable and recreational vehicles in Europe. EHG's operations include miscellaneous RV-related products and services. Across all segments, the firm distributes its RVs to independent dealers.