Wabash Expects Moderation In 2024 Financial Performance Vs. 2023; Sees 2024 Sales Of $2.2B-$2.4B (Est. $2.304B) And EPS Of $2.00-$2.50 (Est. $2.74)
Portfolio Pulse from Benzinga Newsdesk
Wabash anticipates a moderation in its financial performance for 2024 compared to 2023, projecting sales between $2.2B-$2.4B and EPS of $2.00-$2.50, which are below the estimated sales of $2.304B and EPS of $2.74.
February 01, 2024 | 12:01 pm
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Wabash projects a moderation in its 2024 financial performance with sales and EPS below the estimated figures.
Wabash's projection of lower sales and EPS for 2024 compared to the estimated figures suggests a potential moderation in financial performance, which could lead to a negative short-term impact on its stock price. Investors often react to earnings forecasts, especially when they indicate a downturn or are below market expectations.
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