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Thor Industries Reports Q3 Earnings: What Key Metrics Have to Say
For the quarter ended April 2024, Thor Industries (NYSE: THO) reported revenue of $2.8 billion, down 4.4% over the same period last year. EPS came in at $2.13, compared to $2.24 in the year-ago quarter.
The reported revenue represents a surprise of +3.02% over the Zacks Consensus Estimate of $2.72 billion. With the consensus EPS estimate being $1.89, the EPS surprise was +12.70%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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