Recap: Wabash National Q2 Earnings

Recap: Wabash National Q2 Earnings

 

Wabash National WNC reported its Q2 earnings results on Wednesday, July 27, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Wabash National beat estimated earnings by 2.22%, reporting an EPS of $0.46 versus an estimate of $0.45.

Revenue was up $193.35 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 5.53% increase in the share price the next day.

Here's a look at Wabash National's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.11 0.13 0.20 0.12
EPS Actual 0.24 0.07 0.22 0.21
Revenue Estimate 476.28M 494.70M 514.07M 456.41M
Revenue Actual 546.76M 479.28M 482.56M 449.42M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Wabash National management provided guidance for FY 2022, expecting earnings between $1.9 and $1.9 per share.

To track all earnings releases for Wabash National visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews