Willscot Mobile Mini Holdings Corp reports results for the quarter ended in March - Earnings Summary

WillScot Holdings

02/05/2024 22:53

* Willscot Mobile Mini Holdings Corp  WSC.OQ  reported
quarterly
adjusted earnings of 29 cents​​ per share for the quarter ended
in March, lower than the same quarter last year, when the
company reported EPS of 36 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 33 cents per
share. Wall Street expected results to range from 26 cents to 40
cents per share.
    * Revenue rose 3.8% to $587.18 million from a year ago;
analysts
expected $580.95 million. 
    * Willscot Mobile Mini Holdings Corp's reported EPS for the
quarter was 29 cents​.
    * The company reported quarterly net income of $56.24
million.
    * Willscot Mobile Mini Holdings Corp shares had fallen
by 21.3%
this quarter and lost 17.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 29.2%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates

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 Mobile
Mini Holdings Corp is $53.00 
This summary was machine generated from LSEG data May 2 at 09:53
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
 Mar. 31 2024      0.33           0.29           Missed
 Dec. 31 2023      0.52           0.44           Missed
 Sep. 30 2023      0.45           0.46           Beat
 Jun. 30 2023      0.40           0.43           Beat