Seeking Clues to Thor Industries (THO) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Viewpoint - Thor Industries (THO) is expected to report a significant decline in quarterly earnings and revenues, with analysts forecasting earnings of $0.05 per share, representing an 87.5% year-over-year decrease, and revenues of$ 1.97 billion, a decline of 10.7% compared to the previous year [1]. Earnings Projections - Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.4%, indicating a reassessment of initial projections by covering analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts predict 'Net Sales- Recreational Vehicles- North American Towable' will reach $664.70 million, reflecting a year-over-year change of -9.1% [5]. - The combined estimate for 'Net Sales- Total Recreational Vehicles' is projected at$ 1.83 billion, indicating a decline of 12.3% year-over-year [5]. - 'Net Sales- Recreational Vehicles- North American Motorized' is expected to be $431.70 million, suggesting a year-over-year decrease of 24.3% [5]. - 'Net Sales- Other' is projected at$ 170.45 million, with a year-over-year increase of 2.4% [6]. - The consensus for 'Net Sales- Recreational Vehicles- European' stands at $730.31 million, indicating a decline of 6.7% from the previous year [6]. - 'Net Sales- Recreational Vehicles- Total North America' is expected to be$ 1.10 billion, reflecting a year-over-year change of -15.8% [6]. Units Sales Estimates - Analysts estimate 'Units sales - Recreational Vehicles - European' at 10,799, down from 13,080 in the previous year [7]. - The average prediction for 'Units sales - Recreational Vehicles - North American Towable' is 22,587, compared to 21,958 last year [7]. - The consensus for 'Units sales - Total' is 36,524, down from 39,476 in the same quarter last year [8]. - 'Units sales - Total Recreational Vehicles (Total North America)' is projected at 25,725, compared to 26,396 in the previous year [8]. - 'Units sales - Recreational Vehicles - North American Motorized' is expected to be 3,138, down from 4,438 last year [9]. Gross Profit Estimates - Analysts project 'Gross Profit- Recreational Vehicles- European' to be $103.66 million, compared to$ 119.33 million reported in the same quarter last year [9]. Stock Performance - Over the past month, shares of Thor Industries have returned -6.8%, while the Zacks S&P 500 composite has changed by -2.4% [10].