Wabash National Corp reports results for the quarter ended March 31 - Earnings Summary

• Wabash National Corp WNC.N reported a quarterly adjusted loss of 58 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of two analysts for the quarter was for a loss of 26 cents per share. Wall Street expected results to range from -27 cents to -26 cents per share.

• Revenue fell 26.1% to $380.89 million from a year ago; analysts expected $409.87 million.

• Wabash National Corp's reported EPS for the quarter was $5.36​.

• The company reported quarterly net income of $230.94 million.

• Wabash National Corp shares had fallen by 9.9% this quarter and lost 41.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1,556.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is "hold."

• Wall Street's median 12-month price target for Wabash National Corp is $14.50

This summary was machine generated from LSEG data April 30 at 12:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)