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Mar 31, 2024
Wabash National Q1 2024 Earnings Report
Wabash National's Q1 2024 results were announced, revealing a slight revenue miss due to slower customer pickups, but the EPS outlook for the year was maintained.
Key Takeaways
Wabash National reported a decrease in net sales for the first quarter of 2024, with $515.3 million compared to the same quarter of the previous year. The company's operating income was $29.6 million, representing 5.7% of sales. Diluted earnings per share was $0.39. The company maintained its full-year EPS outlook.
Quarterly revenue was $515 million, slightly below expectations due to slower customer pickups.
Operating income was $30 million, with an operating margin of 5.7%.
Quarterly diluted earnings per share was $0.39.
Total backlog was $1.8 billion, with new order bookings continuing during Q1.
Revenue by Segment
Forward Guidance
The Company maintained its revenue outlook of approximately $2.2 billion to $2.4 billion with a midpoint of $2.3 billion and also maintained its EPS guidance range of $2.00 to $2.50 with a midpoint of $2.25.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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