Wabash National Full Year 2024 Earnings: EPS Misses Expectations

Wabash National (NYSE:WNC) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.95b (down 23% from FY 2023).
• Net loss: US$284.1m (down by 223% from US$231.3m profit in FY 2023).
• US$6.40 loss per share (down from US$4.92 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Wabash National EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%.

The primary driver behind last 12 months revenue was the Transportation Solutions segment contributing a total revenue of US$1.76b (90% of total revenue). Notably, cost of sales worth US$1.68b amounted to 86% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$580.7m (94% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$71.5m. Explore how WNC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Machinery industry in the US.

Performance of the American Machinery industry.

The company's shares are down 1.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Wabash National has 2 warning signs we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.