Wabash National (WNC) Scheduled to Post Quarterly Earnings on Thursday

Wabash National (NYSE:WNC) will be releasing its quarterly earnings results before the market opens on Thursday, October 24th. Analysts expect Wabash National to post earnings of $0.25 per share for the quarter. Wabash National has set its FY 2024 guidance at 1.500-1.600 EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Wabash National (NYSE:WNC) last released its quarterly earnings data on Wednesday, July 24th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.08. Wabash National had a net margin of 6.66% and a return on equity of 28.24%. The firm had revenue of $550.61 million for the quarter, compared to the consensus estimate of $594.77 million. During the same quarter in the previous year, the firm earned $1.54 earnings per share. The firm’s revenue was down 19.8% on a year-over-year basis. On average, analysts expect Wabash National to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Wabash National Price Performance

WNC stock opened at $18.90 on Thursday. The firm has a 50 day moving average of $19.01 and a 200-day moving average of $21.51. The company has a market cap of $831.60 million, a price-to-earnings ratio of 5.80 and a beta of 1.52. The company has a current ratio of 1.99, a quick ratio of 1.15 and a debt-to-equity ratio of 0.72. Wabash National has a 12-month low of $17.68 and a 12-month high of $30.07.

Wabash National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 10th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Thursday, October 10th. This represents a $0.32 dividend on an annualized basis and a yield of 1.69%. Wabash National’s payout ratio is 9.82%.

Wall Street Analyst Weigh In

Separately, DA Davidson restated a “neutral” rating and set a $18.00 price objective on shares of Wabash National in a research report on Monday, September 30th.

Wabash National Company Profile

Wabash National Corporation provides connected solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment designs and manufactures transportation-related equipment and products dry and refrigerated van trailers, platform trailers, tank trailers, and truck-mounted tanks; truck bodies for dry-freight transportation; cargo and cargo XL bodies for commercial applications; refrigerated truck bodies; platform truck bodies; and used trailers, as well as laminated hardwood oak flooring products.