Wabash National (WNC) Scheduled to Post Earnings on Thursday

Wabash National (NYSE:WNC) will be posting its quarterly earnings results before the market opens on Thursday, October 24th. Analysts expect Wabash National to post earnings of $0.25 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Wabash National (NYSE:WNC) last issued its earnings results on Wednesday, July 24th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.08. The company had revenue of $550.61 million during the quarter, compared to analyst estimates of $594.77 million. Wabash National had a return on equity of 28.24% and a net margin of 6.66%. The firm’s quarterly revenue was down 19.8% on a year-over-year basis. During the same quarter last year, the business posted $1.54 EPS. On average, analysts expect Wabash National to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Wabash National Stock Down 1.3 %

Wabash National stock opened at $17.45 on Wednesday. Wabash National has a fifty-two week low of $17.29 and a fifty-two week high of $30.07. The business’s 50-day simple moving average is $18.91 and its two-hundred day simple moving average is $21.17. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.15 and a current ratio of 1.99. The company has a market cap of $767.80 million, a PE ratio of 5.35 and a beta of 1.52.

Wabash National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 10th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Thursday, October 10th. Wabash National’s dividend payout ratio is currently 9.82%.

Analysts Set New Price Targets

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

About Wabash National

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.