Revenue Update on Winnebago Industries(NYSE:WGO)

Winnebago Industries(NYSE:WGO) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Jun 22, 2016. Company reported revenue of $272.08M. Analysts estimated a revenue of $270.46M. Earnings per share were $0.53. Analysts had estimated an EPS of $0.45.

Winnebago Industries (WGO) shares turned negative on Mondays trading session with the shares closing down -0.69 points or -3.06% at a volume of 4,79,888. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $22.7. The peak price level was also seen at $22.7 while the days lowest was $21.74. Finally the shares closed at $21.87. The 52-week high of the shares is $24.67 while the 52-week low is $15.41. According to the latest information available, the market cap of the company is $588 M.

Winnebago Industries Inc. is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company sells its products through independent dealers primarily throughout the United States and Canada. It sells motor homes through independent dealers under the Winnebago Itasca and Era brands names. Other products manufactured by the Company consisted primarily of original equipment manufacturing (OEM) parts including extruded aluminum and other component products for other manufacturers commercial vehicles and commercial transit buses. The Company Operates through three major product categories including Motorhomes Towable RVs Other manufactured products.

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