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Thor Industries Inc Announces Advance In Q2 Profit

Thor Industries Inc (THO) revealed a profit for its second quarter that gained ground from last year.

The company said its bottom line came in at $79.75 million, or $1.51 per share. This was up from $64.78 million, or $1.23 per share, in last year's second quarter.

Analysts had expected the company to earn $1.79 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 23.9% to $1.97 billion. This was up from $1.59 billion last year.

Thor Industries Inc earnings at a glance:

-Earnings (Q2): $79.75 Mln. vs. $64.78 Mln. last year.
-Earnings Growth (Y-o-Y): 23.1%
-EPS (Q2): $1.51 vs. $1.23 last year.
-EPS Growth (Y-o-Y): 22.8%
-Analysts Estimate: $1.79
-Revenue (Q2): $1.97 Bln vs. $1.59 Bln last year.
-Revenue Change (Y-o-Y): 23.9%

by RTT Staff Writer

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