Why Thor Stock Thundered 11% Higher Today
Shares of Thor Industries (NYSE: THO) closed 11.1% higher on Monday, after the RV maker reported estimate-thumping earnings earlier in the day.
Expected by analysts to report a $0.26-per-share loss on sales of $1.68 billion, Thor matched the sales prediction to the penny -- but beat earnings with a stick, delivering $0.43 per share to the bottom line.
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Source Fool.com
