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Winnebago Industries Plunges 11.23% on Disappointing Q3 Earnings
Generated by AI AgentAinvest Pre-Market Radar
Thursday, Jun 5, 2025 8:43 am ET1min read
On June 5, 2025,
experienced a significant drop of 11.23% in pre-market trading, marking a notable decline in its stock performance.Winnebago Industries recently released its preliminary third-quarter fiscal 2025 results, which revealed a significant drop in its stock price. The company reported expected net revenues of approximately $775 million and adjusted earnings per share (EPS) ranging from $0.75 to $0.85. However, the actual earnings per diluted share were projected to be between $0.55 and $0.65, indicating a potential shortfall in earnings expectations.
This decline in stock price can be attributed to the company's lower-than-expected revenue projections for the third quarter. The market's reaction to these preliminary results suggests that investors were disappointed with the company's performance, leading to a sharp sell-off in its shares.
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