WillScot Mobile Mini Q1 2024 Adj EPS $0.29 Misses $0.33 Estimate, Sales $587.00M Beat $580.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
WillScot Mobile Mini (NASDAQ:WSC) reported Q1 2024 adjusted EPS of $0.29, missing the consensus estimate of $0.33 by 12.12%. However, their sales of $587.00M exceeded the estimate of $580.95M by 1.04%, marking a 3.81% increase from the previous year.
May 02, 2024 | 8:02 pm
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WillScot Mobile Mini reported a Q1 2024 adjusted EPS of $0.29, missing estimates by 12.12%, but sales of $587M exceeded expectations, showing a 3.81% YOY growth.
The miss in EPS might concern investors, potentially putting downward pressure on WSC's stock price. However, the beat on sales and year-over-year growth could offset concerns, suggesting a neutral short-term impact. The mixed results highlight operational strengths despite earnings miss, making the overall impact on the stock nuanced.
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