Wabash National (WNC) Tops Q1 EPS by 18c, Raises FY Guidance

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Go back to Wabash National (WNC) Tops Q1 EPS by 18c, Raises FY Guidance

Wabash National Corporation Announces First Quarter 2016 Results; Reports Best First Quarter Performance in Company History and Increases Full-Year Outlook

April 26, 2016 4:30 PM EDT

First quarter GAAP and non-GAAP earnings of $0.42 per diluted share exceeds prior year period by 180 percent and 121 percent, respectivelyNet sales of $448 million for first quarter 2016 represents best first quarter in company historyRecord first quarter operating income of $48.2M increases 77 percent over prior yearRecord gross margin and operating income margin of 17.8 percent and 10.8 percent, respectivelyNon-GAAP full-year adjusted earnings guidance increases to $1.65 - $1.75 per diluted share representing a year over year improvement of 14 percent at the midpoint of the range... More