Overview

* Winnebago Adjusted EPS for fiscal Q3 beats analysts' estimates

* Co had previously reported Q3 revenue of $775 mln

* Towable RV segment achieved unit volume growth with new affordable products

Outlook

* Company updates fiscal 2025 guidance: net revenues $2.7 bln to $2.8 bln

* Company expects reported EPS of $0.50 to $1.00 for fiscal 2025

* Adjusted EPS for fiscal 2025 projected at $1.20 to $1.70

* Winnebago sees challenges from uncertain economic environment

Result Drivers

* AFFORDABLE PRODUCTS - Towable RV segment achieved unit volume growth with new affordable offerings, per CEO Michael Happe

* RETAIL SHARE GAINS - Marine segment profitability increased due to continued retail share gains

* PRODUCT MIX - Revenue decline partly due to shift towards lower price-point models, impacting gross profit margin

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $0.81 $0.79

Adjusted

EPS

Q3 EPS $0.62

Q3 Net Miss $17.60 $20.8

Income mln mln

Q3 $46.50

Adjusted mln

EBITDA

Q3 Gross 13.7%

Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the recreational products peer group is "buy"

* Wall Street's median 12-month price target for Winnebago Industries Inc ( WGO ) is $38.00, about 17.6% above its last closing price of $31.33

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

(This story was created using Reuters automation and AI capabilities based on LSEG and company data. The headline and summary were reviewed by a Reuters journalist prior to publication.)