Thor Industries (THO) Stock

Thor Industries (THO) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

On December 19, 2024, THOR Industries, Inc. (NYSE: THO) announced that its Board of Directors has approved a regular quarterly cash dividend of $0.50 per share. This decision was made during their meeting on the same day.

THO has announced that its earnings for the first quarter were lower than anticipated, but it has increased its dividend by 4.2% to 50 cents per share.

Thor Industries, the parent company of Airstream, reported an unexpected loss for the first quarter of the fiscal year before the market opened on Wednesday, causing its shares to drop a bit during the day.

Thor Industries (THO) reported quarterly earnings of $0.26 per share, which is lower than the Zacks Consensus Estimate of $0.67 per share. This is a decrease compared to earnings of $0.99 per share from the same period last year.

In the first quarter of fiscal 2025, THOR Industries reported net sales of $2.14 billion, down from $2.5 billion in the same period last year. The company experienced a net loss of $1.83 million, compared to a profit of $53.57 million in 2023, and diluted earnings per share fell to $0.03 from $0.99. Despite these challenges, THOR remains committed to long-term investments and has maintained its full-year financial guidance.

In addition to looking at analysts' predictions for Thor Industries' (THO) revenue and profit, it's important to assess forecasts for some of its main metrics. This will help us understand how the company may have performed in the quarter that ended in October 2024.

ELKHART, Ind., Nov. 20, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) has announced that it will release its earnings for the first quarter of fiscal 2025 on Wednesday, December 4, 2024, before the market opens.

The company has introduced the first prototypes of electric vehicles, establishing itself as a leader in eMobility. For almost 45 years, THOR Industries has followed responsible and sustainable business methods, encouraging people to connect with nature and each other. Their mission is to inspire everyone to explore the world.