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Winnebago Industries Inc. (WGO) Is Losing Ground After Q1 Report
(RTTNews.com) - Winnebago Industries Inc. (WGO) reported first quarter EPS of $0.40 Thursday morning, up from $0.26 last year. The consensus estimate was for EPS of $0.37. Revenue increased to $222.7 million from $193.6 million a year earlier. Analysts had estimated revenue to be $233.10 million.
Winnebago Industries gapped open lower Thursday and is now down 2.14 at $29.50 on above average volume. The stock has dropped to a 3-week low and has slipped beneath its 50-day moving average.
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