Drew Industries Loses Earlier Gains, Up Just 1.7% (DW)

Shares of White Plains, New York-based Drew Industries Inc. DW are trading up 1.7% at $23.54 per share during the Tuesday afternoon trading session. The day's trading range for shares of Drew Industries Inc has been between $23.47 and $26.51 per share. Analysts covering the company's stock give it a consensus price target of $26.33 per share. Volume of 222,000 shares is already more than 3 times the daily average volume of 64,000 shares. Drew Industries Inc. (DW) announced on Tuesday morning that it beat consensus Wall Street expectations. Drew Industries Inc announced 4th quarter earnings per share of 14 cents, on revenue of $106.2 million. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 9 cents per share, on revenue of $104.58 million. Drew Industries Inc, through its wholly-owned subsidiaries, Lippert Components and Kinro, supplies a broad array of components for RVs and manufactured homes, including windows, doors, chassis, chassis parts, bath and shower units, axles, and upholstered furniture. Read more from Benzinga's Company news.