Why Shares of Thor Industries Got Hammered Today

Shares of recreational-vehicle maker Thor Industries (NYSE: THO) were down sharply on Monday afternoon, after earnings that missed estimates exacerbated the effects of a broad-based market sell-off.

As of 3:30 p.m. EDT, Thor's shares were trading down about 25.5% from Friday's closing price.

Thor generated adjusted earnings per share of $0.67 in the quarter that ended on Jan. 31, up a bit from a year ago but short of Wall Street's expectations. Analysts polled by Thomson Reuters had expected adjusted earrings of $0.70 per share, on average. 

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Source Fool.com