Wabash National Corp reports results for the quarter ended in September 30 - Earnings Summary

Reuters
24 Oct 2024

* Wabash National Corp reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.16. The mean expectation of two analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 22 cents to 25 cents per share.

* Revenue fell 26.7% to $464.04 million from a year ago; analysts expected $477.35 million.

* Wabash National Corp's reported EPS for the quarter was a loss of $7.53​.

* The company reported a quarterly loss of $330.17 million.

* Wabash National Corp shares had fallen by 11.1% this quarter and lost 33.4% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the heavy machinery & vehicles peer group is "hold."

Wall Street's median 12-month price target for Wabash National Corp is $22.00 This summary was machine generated from LSEG data October 24 at 01:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.23 0.19 Missed

Jun. 30 2024 0.56 0.64 Beat

Mar. 31 2024 0.45 0.41 Missed

Dec. 31 2023 0.91 1.09 Beat

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