Winnebago Industries (WGO) Lags Q4 Earnings and Revenue Estimates

Company Performance - Winnebago Industries reported quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of$ 0.91 per share, and down from $1.59 per share a year ago, representing an earnings surprise of -69.23% [1] - The company posted revenues of$ 720.9 million for the quarter ended August 2024, missing the Zacks Consensus Estimate by 0.71%, and down from $771 million year-over-year [1] - Over the last four quarters, Winnebago has surpassed consensus EPS estimates only once and topped consensus revenue estimates two times [1] Stock Performance - Winnebago shares have declined approximately 20.4% since the beginning of the year, contrasting with the S&P 500's gain of 22.7% [2] - The current Zacks Rank for Winnebago is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 1.06 on revenues of $756.05 million, and for the current fiscal year, it is$ 5.34 on revenues of $3.21 billion [4] - The trend of estimate revisions for Winnebago is mixed, and future changes in estimates will be closely monitored following the recent earnings report [4] Industry Context - The Building Products - Mobile Homes and RV Builders industry is currently in the bottom 12% of over 250 Zacks industries, which may negatively impact stock performance [5] - Another company in the same industry, Champion Homes, is expected to report quarterly earnings of$ 0.61 per share, reflecting a year-over-year decline of -25.6%, with revenues projected at $571.85 million, up 23.2% from the previous year [5]