Wabash National (WNC) Reports In-Line Q3 EPS, Revenues Beat; Offers FY18 EPS Mid-Point Outlook Above Consensus
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Wabash National Corporation Announces Third Quarter 2018 Results; Continued Strong Demand Drives Backlog to Record Levels
October 30, 2018 4:39 PM EDTNet sales of $553 million is the second highest quarter in company history and a 30 percent increase from prior yearBacklog increased 80 percent to $1.3 billion compared to the prior yearGross profit increased 7 percent compared to the prior yearThird quarter GAAP and non-GAAP earnings of $0.08 and $0.29 per diluted share, respectivelyCompany reaffirms full-year 2018 guidance for new trailer shipments of 60,000 to 62,000 trailers and GAAP and non-GAAP earnings of $1.41 to $1.46 per diluted share and $1.50 to $1.55 per diluted share, respectively
LAFAYETTE, Ind., Oct. 30, 2018 (GLOBE NEWSWIRE) --... More
