Wabash National (WNC) Misses Q2 EPS by 8c, Revenues Beat; Offers FY18 EPS Guidance
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Wabash National Corporation Announces Second Quarter 2018 Results; Achieved Record Quarterly Net Sales on Continued Strong Demand
July 31, 2018 4:35 PM EDTAchieved record quarter net sales of $613 million, a 41 percent increase from prior year Gross profit and operating income increased 26 percent and 19 percent, respectively, compared to the prior yearSecond quarter GAAP and non-GAAP earnings of $0.54 and $0.49 per diluted share, respectivelyBacklog increased 51 percent to $1.2 billion compared to the prior year Company updates full-year 2018 guidance for new trailer shipments of 60,000 to 62,000 trailers and GAAP and non-GAAP earnings to $2.06 to $2.12 per diluted share and $1.94 to $2.00 per diluted share, respectively
LAFAYETTE, Ind., July 31,... More
