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

Wabash National

01/02/2024 13:41

* Wabash National Corp  WNC.N  reported quarterly adjusted
earnings of $1.09​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 84 cents.  The mean expectation of
three analysts for the quarter was for earnings of 91 cents per
share. Wall Street expected results to range from 87 cents to 96
cents per share.
    * Revenue fell 9.3% to $596.10 million from a year ago;
analysts
expected $633.68 million. 
    * Wabash National Corp's reported EPS for the quarter was
$1.07​.
    * The company reported quarterly net income of $50.38
million.
    * Wabash National Corp shares had fallen by 1.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is also "hold"

Wall Street's median 12-month price target for Wabash National
Corp is $25.00 
This summary was machine generated from LSEG data February 1 at
01:40 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
 Dec. 31 2023      0.91           1.09           Beat
 Sep. 30 2023      1.02           1.16           Beat
 Jun. 30 2023      1.32           1.54           Beat
 Mar. 31 2023      0.48           1.04           Beat