BMO Capital analyst Tristan Thomas-Martin keeps an Outperform rating and $70 price target on Winnebago (WGO) while cutting the firm’s FY25 EPS view by 8c to $3.50 after its Q1 earnings miss. The results were not a big surprise as investors’ expectations were already below the Street and moving even lower into the print, the analyst tells investors in a research note. Winnebago’s commentary around retail trends post the election was also positive, which should help support an expected turnaround in the second half of FY25, the firm adds.
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Read More on WGO:
- Winnebago Industries Faces Challenging Market in Q1 2025
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- Winnebago narrows FY25 adjusted EPS view to $3.10-$4.40 from $3.00-$4.50
- Options Volatility and Implied Earnings Moves Today, December 20, 2024
- Winnebago reports Q1 EPS 18c, consensus 20c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
