Willscot Holdings Corp reports results for the quarter ended in June - Earnings Summary

WillScot Holdings

02/08/2024 14:08

* Willscot Holdings Corp  WSC.OQ  reported quarterly
adjusted
earnings of 48 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 43 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 39 cents per
share. Wall Street expected results to range from 34 cents to 47
cents per share.
    * Revenue rose 3.9% to $604.59 million from a year ago;
analysts
expected $614.81 million. 
    * Willscot Holdings Corp's reported EPS for the quarter was
a loss
of 25 cents​.
    * The company reported a quarterly loss of $46.85 million.
    * Willscot Holdings Corp shares had risen by 5.8% this
quarter and
lost 10.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for Willscot Holdings
Corp is $49.50 
This summary was machine generated from LSEG data August 2 at
01:07 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
 Jun. 30 2024      0.39           0.48           Beat
 Mar. 31 2024      0.33           0.29           Missed
 Dec. 31 2023      0.52           0.44           Missed
 Sep. 30 2023      0.45           0.46           Beat