Winnebago(US:WGO) ZACKSยท2024-06-13 15:18Core Viewpoint - Winnebago Industries is expected to report a significant year-over-year decline in earnings and revenues, with analysts showing mixed sentiments regarding its earnings prospects ahead of the upcoming earnings release on June 20, 2024 [17][8]. Earnings Expectations - The consensus EPS estimate for Winnebago for the upcoming quarter is $1.30 per share, reflecting a year-over-year decrease of 39% [15]. - Revenues are projected to be $800.03 million, which is an 11.2% decline from the same quarter last year [8]. Earnings Surprise Prediction - Winnebago has an Earnings ESP of +7.45%, indicating that analysts have recently become more optimistic about the company's earnings prospects [25]. - The company has beaten consensus EPS estimates three out of the last four quarters, suggesting some potential for positive surprises [21]. Estimate Revisions - The consensus EPS estimate has been revised down by 7.51% over the last 30 days, indicating a reassessment by covering analysts [23]. - The Most Accurate Estimate for Winnebago is higher than the Zacks Consensus Estimate, which may reflect improved analyst sentiment [24]. Zacks Rank and Predictive Power - Winnebago currently holds a Zacks Rank of 4, which suggests a less favorable outlook for the stock [4]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a higher Zacks Rank [19]. However, the current Zacks Rank makes it challenging to predict a beat conclusively [20].