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Wabash National Corp. - $WNC STOCK NEWS

Welcome to our dedicated page for Wabash National news (Ticker: $WNC), a resource for investors and traders seeking the latest updates and insights on Wabash National stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wabash National's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wabash National's position in the market.

Rhea-AI Summary

Wabash, a leader in transportation solutions, received two 2023 Plant Safety Awards for its operations in Mexico and Kentucky. The awards highlight the company's commitment to safety and operational excellence. The recognition is based on injury data from OSHA's Annual Summary Form 300A. Wabash's Cadiz operation significantly reduced its Total Recordable Incident Rate by 81% from 2022 to 2024, showcasing a strong culture of safety.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.91%
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Rhea-AI Summary
Wabash recognizes outstanding suppliers for 2023 by awarding 42 top suppliers for supply chain excellence. Webb Wheel wins the Pinnacle Award as the supplier of the year. The company is praised for its commitment to quality and continuous improvement. Thirty-two companies earn Platinum Awards for excellence in supply chain performance. Several other companies receive Distinguished Supplier Awards for outstanding customer service and performance.
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End-of-Day
-1.72%
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Rhea-AI Summary
Wabash reported Q1 2024 results with revenue of $515 million, operating income of $30 million, and diluted EPS of $0.39. Total backlog was $1.8B, with an outlook of $2.00 to $2.50 EPS. Despite slower customer pickups affecting revenue, the company maintains a positive outlook for 2024.
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End-of-Day
-5.17%
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Rhea-AI Summary
Wabash (WNC) will webcast its quarterly earnings conference call to review financial results for the first quarter of 2024 on April 24, 2024. The call will be accessible on the company's website, with a replay available for one year. Earnings press release and slides will be posted on the website by 7:00 a.m. ET on the date of the call.
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Rhea-AI Sentiment
End-of-Day
1.71%
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News
Rhea-AI Summary
Wabash (WNC) declares a quarterly dividend of $0.08 per share, showcasing its commitment to shareholders. The company focuses on innovative solutions for transportation industries, aiming to drive customer success with diverse product offerings. Despite positive outlook statements, risks like cyclical business nature and economic uncertainties exist.
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Rhea-AI Sentiment
End-of-Day
-0.3%
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dividends
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Rhea-AI Summary
Wabash (WNC) announces an increase in share repurchase authorization of up to $150 million, totaling $180 million. The company highlights its strong balance sheet and free cash flow generation. Wabash remains committed to a balanced capital allocation strategy. The company is a leader in connected solutions for transportation, logistics, and distribution industries.
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Rhea-AI Sentiment
End-of-Day
-0.3%
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buyback
Rhea-AI Summary
Wabash (NYSE: WNC) reported quarterly revenue of $596 million with an operating income of $61.1 million and a diluted earnings per share of $1.07. The total backlog remained steady at $1.9 billion, with a 12-month backlog increasing by $100 million sequentially to $1.6 billion. The company initiated its 2024 outlook with midpoints of $2.3 billion revenue and diluted earnings per share of $2.25, achieving annual records for sales, operating income, and EPS in 2023.
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Rhea-AI Sentiment
End-of-Day
5.61%
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Rhea-AI Summary
Wabash (NYSE: WNC) will webcast its quarterly earnings conference call to review its financial results for the fourth quarter 2023 on February 1, 2024. The call and presentation will be accessible on the company's website. A replay will be available for one year, and related materials will be posted on the website by 7:00 a.m. ET on the date of the earnings call.
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Rhea-AI Sentiment
End-of-Day
4.3%
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Rhea-AI Summary
Wabash (NYSE: WNC) was recognized among Newsweek’s America’s Most Responsible Companies 2024. The company was honored for its commitment to environmental and social initiatives, making it the only trailer and truck body manufacturer to be recognized. Wabash President and CEO Brent Yeagy emphasized the company’s dedication to being a responsible corporate citizen. The recognition marks the second time in three years that Wabash has made the annual rankings.
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Rhea-AI Sentiment
End-of-Day
-0.5%
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none
Rhea-AI Summary
Wabash (WNC) has been named to the Forbes list of 'America’s Most Successful Small-Cap Companies 2024,' ranking 29 out of nearly 1,000 companies evaluated. The company attributes its success to the hard work of its employees and strong partnerships with customers, dealers, and suppliers. This marks the second consecutive year that Wabash has earned a spot on Forbes’ list.
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Rhea-AI Sentiment
End-of-Day
4.15%
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Wabash National Corp.

NYSE:WNC

WNC Rankings

WNC Stock Data

1.04B
44.28M
2.71%
109.97%
16.32%
Truck Trailer Manufacturing
Manufacturing
Link
United States of America
LAFAYETTE

About WNC

headquartered in lafayette, ind., wabash national corporation (nyse: wnc) is a diversified industrial manufacturer and north america’s leading producer of semi-trailers and liquid transportation systems. established in 1985, the company specializes in the design and production of dry freight vans, refrigerated vans, platform trailers, liquid tank trailers, intermodal equipment, engineered products and composite products. its innovative products are sold under the following brand names: wabash national®, transcraft®, benson®, duraplate®, walker transport, walker defense group, walker barrier systems, walker engineered products, brenner® tank, beall®, garsite, progress tank, tst®, bulk tank international and extract technology®.