FOREST CITY, Iowa (AP) _ Winnebago Industries Inc. (WGO) on Thursday reported fiscal fourth-quarter earnings of $24.9 million.
On a per-share basis, the Forest City, Iowa-based company said it had profit of 79 cents. Earnings, adjusted for non-recurring costs and amortization costs, came to 94 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.
The recreational vehicle maker posted revenue of $454.9 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $443 million.
For the year, the company reported profit of $71.3 million, or $2.32 per share. Revenue was reported as $1.55 billion.
Winnebago shares have climbed 40 percent since the beginning of the year. The stock has risen 57 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WGO at https://www.zacks.com/ap/WGO
Automated Insights, source Associated Press News