Wabash National Keeps FY24 Revenue Outlook Of $2.2B-$2.4B Vs. 2.25B Estimate; Maintains EPS Guidance Range Of $2.00-$2.50 Vs. $2.19 Estimate
Portfolio Pulse from Benzinga Newsdesk
Wabash National (WNC) reaffirms its FY24 revenue outlook of $2.2B-$2.4B, aligning with a $2.25B estimate, and maintains its EPS guidance range of $2.00-$2.50, versus a $2.19 estimate. The company views 2024 as crucial for strategic advancement, focusing on strengthening its competitive position through its dealer network and the integration of digital solutions, including the development of the Wabash Marketplace digital platform.
April 24, 2024 | 11:00 am
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Wabash National maintains its FY24 revenue and EPS guidance, focusing on strategic advancements through digital solutions and dealer network expansion.
Reaffirming both revenue and EPS guidance for FY24 indicates Wabash National's confidence in its business strategy and operational stability. The emphasis on digital solutions and dealer network expansion is likely to enhance its competitive position, potentially leading to positive investor sentiment and a favorable impact on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100