Winnebago Industries Inc. Bottom Line Falls 13% In Q1

(RTTNews) - Winnebago Industries Inc. (WGO) revealed earnings for first quarter that dropped from last year.

The company said its bottom line came in at $8.6 million, or $0.32 per share. This was down from $9.9 million, or $0.37 per share, in last year's first quarter.

Analysts had expected the company to earn $0.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 4.5% to $214.2 million. This was down from $224.4 million last year.

Winnebago Industries Inc. earnings at a glance:

-Earnings (Q1): $8.6 Mln. vs. $9.9 Mln. last year. -Earnings Decline (Y-o-Y): -13.1% -EPS (Q1): $0.32 vs. $0.37 last year. -EPS Decline (Y-o-Y): -13.5% -Analysts Estimate: $0.37 -Revenue (Q1): $214.2 Mln vs. $224.4 Mln last year. -Revenue Change (Y-o-Y): -4.5%