Thor Industries Soars 14.54% on Strong Earnings

Generado por agente de IAAinvest Pre-Market Radar
miércoles, 4 de junio de 2025, 7:07 am ET1 min de lectura
THO--

Thor Industries' stock surged 14.54% in pre-market trading on June 4, 2025, driven by strong fiscal third-quarter earnings and positive market sentiment.

Thor Industries reported fiscal third-quarter earnings of $135.2 million, reflecting a significant increase from the previous year. The company's earnings per share (EPS) for the quarter were $2.53, surpassing analysts' expectations. This strong performance was driven by robust revenue growth and effective cost management.

The company also announced a capex investment of $85.1 million for the fiscal year to date, indicating its commitment to long-term growth and innovation. Additionally, Thor IndustriesTHO-- increased its regular quarterly dividend to $0.50 in October 2024, demonstrating its confidence in future earnings and a commitment to returning value to shareholders.

Thor Industries' earnings and revenue for the quarter ended April 2025 exceeded Street estimates by 41.34% and 10.71%, respectively. The company's strong financial performance has reaffirmed its full-year fiscal 2025 guidance, projecting consolidated net sales between $9.0 billion and $9.5 billion. This positive outlook has further bolstered investor confidence in the company's growth prospects.

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