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Preview: Wabash National's Earnings

Wabash National (NYSE:WNC) is gearing up to announce its quarterly earnings on Thursday, 2024-10-24. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Wabash National will report an earnings per share (EPS) of $0.23.

Wabash National bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

In the previous earnings release, the company beat EPS by $0.09, leading to a 0.49% increase in the share price the following trading session.

Here's a look at Wabash National's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.55

0.45

0.91

1.02

EPS Actual

0.64

0.39

1.07

1.16

Price Change %

0.0%

-2.0%

5.0%

2.0%

Tracking Wabash National's Stock Performance

Shares of Wabash National were trading at $17.45 as of October 22. Over the last 52-week period, shares are down 18.16%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Analysts' Perspectives on Wabash National

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Wabash National.

Analysts have provided Wabash National with 2 ratings, ...