Wabash National (NYSE:WNC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Wabash National beat estimated earnings by 118.18%, reporting an EPS of $0.24 versus an estimate of $0.11.
Revenue was up $154.76 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.06 which was followed by a 2.67% increase in the share price the next day.
Here's a look at Wabash National's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.13 | 0.20 | 0.12 | 0.01 |
| EPS Actual | 0.07 | 0.22 | 0.21 | 0.06 |
| Revenue Estimate | 494.70M | 514.07M | 456.41M | 407.29M |
| Revenue Actual | 479.28M | 482.56M | 449.42M | 392.00M |
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.
