Willscot Holdings Corp reports results for the quarter ended in September 30 - Earnings Summary

WillScot Holdings

31/10/2024 02:41

* Willscot Holdings Corp  WSC.OQ  reported quarterly
adjusted
earnings of 58 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 46 cents.  The mean expectation of nine analysts
for the quarter was for earnings of 36 cents per share. Wall
Street expected results to range from -34 cents to 56 cents per
share.
    * Revenue fell 0.6% to $601.43 million from a year ago;
analysts
expected $617.83 million. 
    * Willscot Holdings Corp's reported EPS for the quarter was
a loss
of 37 cents​.
    * The company reported a quarterly loss of $70.48 million.
    * Willscot Holdings Corp shares had risen by 4.2% this
quarter and
lost 12.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 29.6%
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 5 "strong buy" or "buy," 4
"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 46.00 
This summary was machine generated from LSEG data October 31 at
02:41 a.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      0.36           0.58           Beat
 Jun. 30 2024      0.39           0.48           Beat
 Mar. 31 2024      0.33           0.29           Missed
 Dec. 31 2023      0.52           0.44           Missed