Wabash Narrows FY23 Revenue Outlook From $2.6B - $2.8B To $2.6B Vs. $2.65B Est.
Portfolio Pulse from Benzinga Newsdesk
Wabash has revised its FY23 revenue outlook downwards from a range of $2.6B - $2.8B to a flat $2.6B, compared to the estimated $2.65B.
October 25, 2023 | 11:02 am
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NEGATIVE IMPACT
Wabash's downward revision of its FY23 revenue outlook may negatively impact its stock price in the short term.
Wabash's downward revision of its FY23 revenue outlook indicates potential challenges in its business operations or market conditions, which could negatively impact investor sentiment and lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100