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

Wabash National

24/10/2024 14:00

* Wabash National Corp  WNC.N  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