Thor Industries Inc (THO) released earnings for its third quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $135.185 million, or $2.53 per share. This compares with $114.511 million, or $2.13 per share, last year.
Analysts on average had expected the company to earn $1.8 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.3% to $2.894 billion from $2.801 billion last year.
Thor Industries Inc earnings at a glance (GAAP) :
-Earnings: $135.185 Mln. vs. $114.511 Mln. last year.-EPS: $2.53 vs. $2.13 last year.-Revenue: $2.894 Bln vs. $2.801 Bln last year.
Looking ahead, for the full year, the company has reaffirmed its outlook.
THOR Industries still expects net income per share of $3.30 to $4, in line with analysts’ forecast of $3.47 per share.
The company continues to anticipate sales of $9 billion to $9.5 billion, compared with analysts’ expectation of $9.23 billion.
THO was up by 9.31% at $89.96 in the pre-market trade on the New York Stock Exchange.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.