WillScot Corporation Announces Third Quarter 2019 Results

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WillScot Corporation (WSC) Misses Q3 EPS by 5c, Revenues Beat; Offers FY19 Revenue Outlook

November 7, 2019 4:13 PM EST

WillScot Corporation (NASDAQ: WSC) reported Q3 EPS of $0.00, $0.05 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $273.34 million versus the consensus estimate of $271.4 million.

Brad Soultz, President and Chief Executive Officer of WillScot, commented, "WillScot delivered another quarter of substantial Adjusted EBITDA growth as we marked the one-year anniversary of the ModSpace acquisition midway through the third quarter. The transformation that we've undergone is evident in our third quarter results as revenue and Adjusted EBITDA for the third quarter were up 24.4% and 36.8%, respectively, over the prior year, and our... More