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Benzinga
145 days

Winnebago Industries Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Winnebago set to report Q2 financial results on March 27. 2. Expected earnings drop to 16 cents per share from 93 cents. 3. Projected revenue decline to $616.66 million from $703.60 million. 4. Board approved a 34 cents per share cash dividend. 5. Analyst price targets show varied outlooks, but generally lower.

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FAQ

Why Bearish?

The significant drop in expected earnings and revenue signals potential ongoing business challenges, reminiscent of past earnings misses that led to downward price corrections in stock performance.

How important is it?

The upcoming financial results and revisions in analyst ratings directly affect WGO's stock performance and market perception.

Why Short Term?

Immediate concern arises from upcoming earnings report. Historical patterns show stock price typically adjusts quickly after results are released.

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