Wabash National Q3 Adj $0.19 Misses $0.23 Estimate, Sales $464.04M Miss $477.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wabash National (NYSE:WNC) reported Q3 earnings of $0.19 per share, missing the $0.23 estimate, and sales of $464.04M, below the $477.35M estimate. Earnings decreased by 83.62% and sales by 26.67% compared to the same period last year.
October 24, 2024 | 10:56 am
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Wabash National's Q3 earnings and sales both missed analyst estimates, with significant year-over-year declines in both metrics.
Wabash National's Q3 earnings per share of $0.19 missed the consensus estimate of $0.23, and sales of $464.04M were below the $477.35M estimate. The significant year-over-year declines in both earnings and sales suggest potential negative sentiment and pressure on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100