Trailer manufacturer Wabash posts bigger-than-expected loss on weak demand

Wabash National

30/10/2025 11:01

Overview

Wabash Q3 revenue slightly beats analyst expectations despite a 17.8% yr/yr decline

Adjusted EPS for Q3 misses analyst expectations, reflecting operational inefficiencies

Company reduces 2025 revenue outlook to $1.5 bln amid challenging market conditions

Outlook

Wabash reduces 2025 revenue outlook to $1.5 bln

Company lowers 2025 EPS guidance to $(1.95) to $(2.05)

Wabash anticipates gradual recovery in 2026

Result Drivers

SOFTER DEMAND - Truck Body business faced softer demand, leading to revenue below guidance

OPERATIONAL INEFFICIENCIES - Lower than expected volumes contributed to operational inefficiencies affecting adjusted EPS

PARTS & SERVICES GROWTH - Parts & Services generated positive revenue growth sequentially and year-over-year

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$382 mln
$381.49 mln (2 Analysts)
Q3 Adjusted EPS
Miss
-$0.51
-$0.39 (2 Analysts)
Q3 EPS
$0.97
Q3 Operating Income
$58 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for Wabash National Corp is $12.50, about 33.5% above its October 29 closing price of $8.31

The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 54 three months ago

Press Release: ID:nGNX3zZjpZ

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)