Wabash National (NYSE:WNC) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$464.0m (down 27% from 3Q 2023).

• Net loss: US$330.2m (down from US$55.3m profit in 3Q 2023).

• US$7.53 loss per share (down from US$1.18 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Wabash National Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 2.9% growth forecast for the Machinery industry in the US.

Performance of the American Machinery industry.

The company's shares are down 8.6% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Wabash National.

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