Will Winnebago (WGO) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Winnebago Industries (WGO) is positioned to potentially continue its earnings-beat streak in the upcoming report, having a history of exceeding earnings estimates, particularly in the last two quarters with an average surprise of 12.47% [1][5] Earnings Performance - In the last reported quarter, Winnebago achieved earnings of $0.71 per share, surpassing the Zacks Consensus Estimate of $0.58 per share, resulting in a surprise of 22.41% [2] - In the previous quarter, the company was expected to report earnings of $0.79 per share but delivered $0.81 per share, yielding a surprise of 2.53% [2] Earnings Estimates and Predictions - Recent estimates for Winnebago have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8] - The current Earnings ESP for Winnebago stands at +17.57%, reflecting increased analyst optimism regarding its near-term earnings potential [8] Zacks Rank and Predictive Power - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high probability of another earnings beat, as stocks with this combination have historically produced positive surprises nearly 70% of the time [6][8] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [7]