THOR Industries Zooms After Raising FY23 Earnings Outlook

By RTTNews Staff Writer   ✉   | Published:

THOR Industries, Inc. (THO) shares are gaining more than 15 percent on Tuesday morning trade after the company lifted the lower end of fiscal 2023 guidance that came in above the Street estimates.

The company now expects fiscal earnings in a range of $5.80-$6.50 per share from its previous outlook of $5.50-$6.50 per share. Wall Street analysts are looking for $5.64 per share.

Currently, shares are at $90.65, up 14.51 percent from the previous close of $79.16 on a volume of 931,360.

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