Loading...
•
Dec 31, 2019
Wabash National Q4 2019 Earnings Report
Wabash National's Q4 2019 performance was marked by strong demand, resulting in $579.0 million in revenue and earnings per diluted share of $0.34.
Key Takeaways
Wabash National Corporation reported Q4 2019 net sales of $579.0 million and net income of $18.4 million, or $0.34 per diluted share. The company's full-year revenue reached a record $2.3 billion. The backlog grew sequentially to $1.1 billion.
Full year revenue reached a company record of $2.3 billion.
Q4 2019 revenue totaled $579.0 million.
Q4 2019 earnings per diluted share was $0.34.
Backlog increased sequentially to $1.1 billion.
Forward Guidance
For the full year ending December 31, 2020, the company has issued guidance of $2.05 to $2.15 billion in sales and an earnings per diluted share midpoint of $1.20 with a range of $1.10 to $1.30.
Positive Outlook
- Company issued guidance of $2.05 to $2.15 billion in sales
- Company issued guidance of $1.10 to $1.30 earnings per diluted share
- Proactive approach toward strengthening balance sheet
- Planning to execute in such an environment.
- Confident in team's ability to succeed in any phase of the cycle
Challenges Ahead
- Moderating trailer demand in 2020 has been expected for some time.
- Uncertain economic conditions
- Increased competition
- Reliance on certain customers and corporate partnerships
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...