Wabash National Corp reports results for the quarter ended June 30 - Earnings Summary

• Wabash National Corp WNC reported a quarterly adjusted loss of 15 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 64 cents. The mean expectation of two analysts for the quarter was for a loss of 33 cents per share. Wall Street expected results to range from -36 cents to -31 cents per share.

• Revenue fell 16.7% to $458.82 million from a year ago; analysts expected $433.78 million.

• Wabash National Corp's reported EPS for the quarter was a loss of 23 cents​.

• The company reported a quarterly loss of $9.59 million.

• Wabash National Corp shares had risen by 0.3% this quarter and lost 37.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 616.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

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 also "buy"

• Wall Street's median 12-month price target for Wabash National Corp is $12.75, about 16.4% above its last closing price of $10.66

This summary was machine generated from LSEG data July 25 at 12:02 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)