Wabash National (WNC) Tops Q4 EPS by 10c, Comments on Outlook
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February 2, 2016 4:25 PM EST
Fourth quarter and full year GAAP earnings of $0.50 and $1.50 per diluted share, up 85.2 percent and 76.5 percent, respectively, over prior year periodFourth quarter and full year non-GAAP adjusted earnings of $0.51 and $1.49 per diluted share, up 88.9 percent and 67.4 percent, respectively over prior year periodNew $100 million share repurchase program approved by Board of Directors   Net sales of $2.03 billion, a record for the fourth consecutive year and up 9 percent over prior yearRecord operating income for the fourth consecutive year of $180.4 million, up 47 percent over prior...
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February 2, 2016 4:20 PM EST
LAFAYETTE, Ind., Feb. 02, 2016 (GLOBE NEWSWIRE) -- Wabash National Corporation (Wabash or the Company) (NYSE: WNC) today announced that its board of directors has authorized the Company to repurchase up to $100 million of its common stock over a two-year period. This is a new repurchase authorization as the $60 million previously authorized in December 2014 has been fully utilized. Stock repurchases under this program may be made in the open market or in private transactions at times and in amounts determined by the Company. The Company, at its sole discretion, may limit or terminate the stock repurchase... More
