Weak Q3 numbers bear out Proficient Auto Logistics' prediction [Yahoo! Finance]
Wabash National Corporation (WNC)
Last wabash national corporation earnings: 2/12 06:50 am
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Source: Yahoo! Finance
its market had weakened and its third-quarter earnings were likely to be disappointing. The numbers that came out Friday offered no surprises: Virtually every key financial measure was down, and comments by PAL (NASDAQ: PAL) management on an analyst call suggested there were few signs that the business of hauling autos from OEMs to dealers was getting better anytime soon. CEO Rick O'Dell reviewed the quarterly performance by noting that shipment volumes in July rose 2.1% compared to the corresponding month in 2023. But revenue that month was down 11%, he added. “This disparity between unit volume and revenue comparisons continued for the duration of the third quarter and the full quarter,” O'Dell said. Ultimately, the volume decline was 0.4% for the quarter. While O'Dell said October volumes had picked up slightly and PAL thought “the market has bounced off the bottom,” he added that the trend has not carried through. “In early November, we have seen a little bit of pullback
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WNC
News
- Wabash Announces Quarterly DividendGlobeNewswire
- Wabash Expands Parts and Services Distribution Network, Strengthens Aftermarket Support in Seven StatesGlobeNewswire
- Wabash National Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Wabash National Corporation (WNC) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Wabash National Non-GAAP EPS of $0.19 misses by $0.04, revenue of $464M misses by $13.35M [Seeking Alpha]Seeking Alpha
WNC
Earnings
- 10/25/24 - Miss
WNC
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- 10/24/24 - Form 10-Q
- WNC's page on the SEC website