For the quarter ended November 2024, Winnebago Industries (WGO) reported revenue of $625.6 million, down 18% over the same period last year. EPS came in at -$0.03, compared to $1.06 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $674.56 million, representing a surprise of -7.26%. The company delivered an EPS surprise of -118.75%, with the consensus EPS estimate being $0.16.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Winnebago performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Unit deliveries - Total Motorhome RV: 1,422 versus 1,505 estimated by three analysts on average.
- Unit deliveries - Total Towable RV: 6,616 compared to the 8,117 average estimate based on three analysts.
- Unit deliveries - Marine - Boats: 1,171 versus the two-analyst average estimate of 1,072.
- Net Revenues- Motorhome RV: $271.70 million compared to the $272.85 million average estimate based on four analysts. The reported number represents a change of -18.8% year over year.
- Net Revenues- Marine: $90.50 million compared to the $77.68 million average estimate based on four analysts. The reported number represents a change of +3.7% year over year.
- Net Revenues- Towable RV: $254 million versus the four-analyst average estimate of $298.60 million. The reported number represents a year-over-year change of -23.2%.
- Adjusted EBITDA- Towable RV: $13.60 million compared to the $13.94 million average estimate based on two analysts.
- Adjusted EBITDA- Marine: $8.40 million versus the two-analyst average estimate of $3.62 million.
- Adjusted EBITDA- Motorhome RV: $2.70 million versus $6.86 million estimated by two analysts on average.
Shares of Winnebago have returned -11.2% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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