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

RTTNews | 800 dias atrás

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.

RTTNews | 435 dias atrás

German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | 31 minutos atrás

U.S. PCE Price Index Increased In Line With Estimates In July

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | 44 minutos atrás

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | 1 h 0 min atrás

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | 1 h 38 min atrás

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 1 h 45 min atrás

FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 2 h 17 min atrás

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | 2 h 25 min atrás

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