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Winnebago Industries Q3 Net Profit Halves, But Adj. EPS Tops Estimates

RTTNews | 799 दिनों पहले

Winnebago Industries Q3 Net Profit Halves, But Adj. EPS Tops Estimates

(RTTNews) - Recreation vehicles maker Winnebago Industries, Inc. (WGO) reported on Wednesday that third-quarter net income plunged to $59.1 million or $1.71 per share from $117.2 million or $3.57 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter were $2.13 per share, compared to $4.13 per share in the year-ago quarter.

On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $1.83 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter declined 38.2 percent to $900.8 million from $1.46 billion in the same quarter last year. Analysts estimated revenues of $961.04 million for the quarter.

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Winnebago Industries Q3 Net Profit Halves, Results Misses Estimates

Winnebago Industries Q3 Net Profit Halves, Results Misses Estimates

Recreation vehicles maker Winnebago Industries, Inc. (WGO) reported on Wednesday that third-quarter net income nearly halved to $29.0 million or $0.96 per share from $59.1 million or $1.71 per share in the prior-year quarter.

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DAX Retreats After Firm Start, Down Marginally

DAX Retreats After Firm Start, Down Marginally

After opening on a strong note thanks to easing AI slowdown fears after Nvidia's impressive results, the German market retreated and slipped into negative territory on Thursday. Despite paring some early gains, auto stocks remain fairly well up in positive territory.

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Swiss Franc Rises Against Majors

Swiss Franc Rises Against Majors

The Swiss franc strengthened against other major currencies in the European session on Thursday.

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Sensex, Nifty Retreat On US Tariff Worries

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Indian shares fell sharply on Thursday as traders waited to see how New Delhi responds to pressure from Washington to stop buying Russian oil after the 50 percent tariffs levied by the U.S. on Indian goods came into effect on Wednesday.

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Bank Of Korea Stands Pat On Rates, Lifts 2025 Growth Outlook

Bank Of Korea Stands Pat On Rates, Lifts 2025 Growth Outlook

The Bank of Korea left its interest rate unchanged on Thursday as economic growth improved moderately despite high uncertainty surrounding the outlook. The Monetary Policy Board decided to hold the Base Rate at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February.

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European Shares Mostly Higher As Nvidia Outlook Lifts Sentiment

European Shares Mostly Higher As Nvidia Outlook Lifts Sentiment

European stocks were mostly higher on Thursday as Nvidia's positive results helped ease AI slowdown fears. U.K. markets underperformed as banks and utilities declined.

RTTNews | 1घंटे 44 मिनट पहले

Asian Shares Rise As Nvidia Beats Expectations

Asian Shares Rise As Nvidia Beats Expectations

Asian stocks ended mostly higher on Thursday as Nvidia's strong results quelled worries over weakening AI demand.

RTTNews | 2घंटे 10 मिनट पहले

U.S. Dollar Falls Amid Fed Rate Cut Speculation

U.S. Dollar Falls Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.

RTTNews | 2घंटे 14 मिनट पहले

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उच्च जोखिम चेतावनी: फॉरन एक्सचेंज ट्रेडिंग में उच्च स्तर का खतरा होता है जो हर निवेशकों के लिए सही नहीं हो सकता. लीवरेज अधिकतम खातर और हानि के अनावरण को उत्पन्न करता है. इससे पहले कि आप निर्णय लें फॉरन एक्सचेंज में ट्रेड करने का, ध्यान अपने निवेश के उद्देश्यों, अनुभव स्तर, और खतरा उठाने की सहिष्णुता पर विचार करें. आप कुछ या अपनी प्रारंभिक निवेश को खो सकते हैं. बिल्कुल भी उस पैसे को निवेश ना करें जो आप खोने को बर्दाश्त नहीं कर सकते. अपने आप को शिक्षित करें उन खतरों से जो फॉरन एक्सचेंज ट्रेडिंग से संबंधित हैं, और सलाह लें किसी स्वतंत्र आर्थिक या कर सलाहकार से अगर आपके पास कोई भी प्रश्न हैं तो. कोई भी डाटा या जानकारों जो दी जाती है वे केवल सूचनात्मक उद्देश्यों के लिए है, और यब ट्रेडिंग आशय या सलाह पर नियत नहीं है. पिछले निष्पादन भविष्य के परिणामों के लिए परियाचक नहीं हैं.