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Thor Industries Inc Reports Decline In Q1 Profit

Thor Industries Inc (THO) reported earnings for first quarter that dropped from last year.

The company's profit came in at $13.95 million, or $0.26 per share. This compares with $128.41 million, or $2.43 per share, in last year's first quarter.

Analysts had expected the company to earn $1.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 21.1% to $1.76 billion from $2.23 billion last year.

Thor Industries Inc earnings at a glance:

-Earnings (Q1): $13.95 Mln. vs. $128.41 Mln. last year.
-EPS (Q1): $0.26 vs. $2.43 last year.
-Analysts Estimate: $1.67
-Revenue (Q1): $1.76 Bln vs. $2.23 Bln last year.

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