Winnebago Industries, Inc. WGO reported second-quarter fiscal 2021 (ended Feb 27, 2021) adjusted earnings per share of $2.12, surpassing the Zacks Consensus Estimate of $1.39. This outperformance can be attributed to the higher-than-anticipated adjusted EBITDA from the company’s Towable and Motorhome segments. Adjusted EBITDA from the Towable and Motorhome segments came in at $62.4 million and $51 million, beating the Zacks Consensus Estimate of $55 million and $26.7 million, respectively.The bottom line compares favorably with the year-ago earnings of 67 cents per share, marking a whopping surge of 216.4% year over year.This recreational vehicle (RV) maker reported revenues of $840 million during the quarterunder review, outpacing the Zacks Consensus Estimate of $804 million. Moreover, the top line improved 34% yearoveryear.The firm reported an operating income of $100 million compared with the year-ago income of $29.6 million, reflecting a whopping increase of 237.3% year on year.Segmental PerformanceRevenues in the Towable segment for the reported quarter surged 55% year over year to $439.3 million primarily on solid consumer demand for Grand Design and Winnebago products. The reported figure also topped the consensus mark of $352 million. Quarterly adjusted EBITDA was up 79.5% year on year to $62.4 million courtesy of favorable pricing and operational discipline. Moreover, backlog in the segment increased to 39,855 units (or $1,206 million), up a whopping 307.1%, year over year, reflecting skyrocketing consumer demand during the fiscal second quarter.During the reported quarter, revenues in the Motorhome segment improved 17.5% year over year to $382.6 million on the Newmar buyout and stellar Class B product sales. The revenue figure, however, lagged the Zacks Consensus Estimate of $507 million. Nonetheless, the segment recorded an EBITDA of $51 million, significantly up from the year-ago quarter’s level by 241%. Also, the segment’s backlog increased to 14,974 units (or $1,816.5 million), skyrocketing 424.3%, year on year, highlighting surging consumer demand during the reported quarter.Financials and DividendWinnebago— whose peers include Thor Industries THO, REV Group, Inc. REVG and LCI Industries LCII— had cash and cash equivalents of $333 million as of Feb 27, 2021, up from $292.6 million as of Aug 29, 2020. Long-term debt (excluding current maturities) totaled $520.3 million, slightly up from the $512.6 million recorded on Aug 29, 2020.The firm announced a quarterly cash dividend of 12 cents per share payable on Apr 28, 2021 to shareholders of record as of Apr 14, 2021.5 Stocks Set to DoubleEach was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Thor Industries, Inc. (THO): Get Free Report Winnebago Industries, Inc. (WGO): Get Free Report REV Group, Inc. (REVG): Free Stock Analysis Report LCI Industries (LCII): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research