Wabash National (WNC) Projected to Post Earnings on Wednesday

Wabash National (NYSE:WNC) is projected to release its earnings data before the market opens on Wednesday, January 29th. Analysts expect Wabash National to post earnings of $0.02 per share and revenue of $412,920.00 billion for the quarter. Wabash National has set its FY24 guidance at $1.25 EPS and its FY 2024 guidance at 1.250-1.250 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Wabash National (NYSE:WNC) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.04). The business had revenue of $464.00 million for the quarter, compared to analyst estimates of $477.35 million. Wabash National had a positive return on equity of 22.98% and a negative net margin of 10.94%. The business’s revenue for the quarter was down 26.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.16 earnings per share. On average, analysts expect Wabash National to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Wabash National Stock Performance

Shares of WNC stock opened at $15.82 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.12 and a debt-to-equity ratio of 1.97. The business’s fifty day simple moving average is $18.18 and its 200-day simple moving average is $19.00. Wabash National has a 12-month low of $15.35 and a 12-month high of $30.07. The company has a market cap of $685.47 million, a PE ratio of -2.91 and a beta of 1.57.

Wabash National Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Friday, January 10th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend is Friday, January 10th. Wabash National’s payout ratio is -5.89%.

Wall Street Analyst Weigh In

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

Insider Activity at Wabash National

In other Wabash National news, SVP Michael N. Pettit sold 1,500 shares of the stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $17.19, for a total transaction of $25,785.00. Following the sale, the senior vice president now directly owns 117,227 shares of the company’s stock, valued at approximately $2,015,132.13. This trade represents a 1.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.78% of the stock is owned by insiders.

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.