WillScot Corporation Announces Second Quarter 2019 Results and Updates 2019 Outlook

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WillScot Corporation (WSC) Misses Q2 EPS by 8c, Revenues Beat; Lowers FY19 Revenue Outlook

August 1, 2019 4:11 PM EDT

WillScot Corporation (NASDAQ: WSC) reported Q2 EPS of ($0.10), $0.08 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $266.1 million versus the consensus estimate of $265.07 million.

Brad Soultz, President and Chief Executive Officer of WillScot, commented, "WillScot delivered another outstanding quarter, as we continued to execute our strategy which is resulting in a complete transformation of the company. The result of this focus is evident in our second quarter results as revenue and Adjusted EBITDA for the second quarter were up 89.7% and 111.7%, respectively, over the prior year, and our Adjusted EBITDA margin... More