Benzinga | Dec 7, 2020 10:08AM EST

A Preview Of Thor Industries's Earnings

Thor Industries (NYSE:THO) announces its next round of earnings this Tuesday, December 08. Here is Benzinga's everything-that-matters guide for this Tuesday's Q1 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts predict Thor Industries will report earnings of $1.56 per share on revenue of $2.37 billion. Thor Industries earnings in the same period a year ago was $0.92 per share. Quarterly sales came in at $2.16 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street consensus estimate for earnings would represent a 69.57% increase for the company. Revenue would be up 9.77% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2020 Q3 2020 Q2 2020 Q1 2019EPS Estimate 1.34 -0.26 0.69 1.23EPS Actual 2.14 0.43 0.67 0.92Revenue Estimate 2.29 B 1.68 B 1.82 B 2.22 BRevenue Actual 2.32 B 1.68 B 2.00 B 2.16 B

Stock Performance

Shares of Thor Industries were trading at $95.75 as of December 04. Over the last 52-week period, shares are up 40.01%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Thor Industries is scheduled to hold the call at 08:00:00 ET and can be accessed here.