Wabash Natl Corp Stock Price, News & Analysis

Wabash National Corporation (NYSE: WNC) reported Q1 2021 revenue of $392.0 million, a 1.3% increase year-over-year. Operating income improved to $11.2 million, yielding an operating margin of 2.9%. The company reported net income of $3.2 million, or $0.06 per share. A strong backlog of $1.5 billion, up 57% YoY, reflects robust customer demand despite seasonal trends. Wabash maintains its 2021 EPS outlook at $0.75, with projected sales between $1.95 billion and $2.05 billion. The company is focused on enhancing production capacity to meet future demand.

Wabash National Corporation (NYSE: WNC) will host a webcast for its first-quarter earnings call on April 28, 2021, at 10:00 a.m. ET. Investors can access the call via phone at (833) 476-0947, conference ID 2497361, or via the company's website. The related earnings press release and presentation materials will be available on the 'Investors' section of Wabash National’s website by 7:00 a.m. ET the same day. Wabash National specializes in engineered solutions for transportation and logistics, manufacturing a wide range of trailers and related products.

Wabash National Corporation (NYSE:WNC) announced a quarterly dividend of $0.08 per share, payable on April 29, 2021, to shareholders on record as of April 8, 2021. The company, recognized as an innovation leader in engineered solutions for the transportation and logistics industries, continues to support its stakeholders through consistent dividends. Wabash designs a range of products including trailers and truck bodies, aiming to enable customer success with breakthrough ideas and solutions.

Wabash National Corporation (NYSE: WNC) reported fourth quarter 2020 revenue of $404.1 million and operating income of $10.0 million, reflecting a decremental margin of 12%. Net income for the quarter was $5.5 million or $0.10 per diluted share. The total backlog increased to $1.5 billion, up 43% from the previous quarter. For 2021, WNC forecasts sales between $1.9 billion and $2.0 billion, with an EPS guidance of $0.75. The company emphasized resilience during 2020's market challenges, achieving free cash flow of $104 million.

Wabash National Corporation (NYSE: WNC) will host a quarterly earnings webcast on February 3, 2021, at 10:00 a.m. ET to discuss its Q4 2020 financial results. Interested parties can access the call via the company's website under 'Investors' and listen in by dialing (833) 476-0947 with conference ID 1619249. A replay will be available for one year post-call. Related materials will be released on the same date by 7:00 a.m. ET, also accessible on their website, ensuring transparency in financial performance.

Wabash National Corporation (NYSE: WNC) has announced its intention to sell the Beall brand of tank trailers and associated assets to MAC Trailer Enterprises Inc. for resource reallocation aimed at enhancing asset efficiency and focusing on scalable market opportunities. The sale, expected to close on December 31, 2020, saw Beall generate approximately $23 million in sales in 2019. Wabash plans to redirect efforts towards innovation and growth in parts and services, along with cold chain and home delivery markets.

Wabash National Corporation (NYSE:WNC) announced a quarterly dividend of $0.08 per share of common stock, payable on January 28, 2021. Stockholders of record will receive this payment on January 7, 2021. The company, based in Lafayette, Indiana, is known for its engineered solutions in transportation and logistics, manufacturing products like trailers and truck bodies. This dividend reflects the company’s ongoing commitment to returning value to shareholders.

Wabash National Corporation (NYSE: WNC) reported third-quarter 2020 revenues of $352 million, with stable shipment volumes. The company achieved a net income of $0.07 GAAP EPS, reflecting improved financial performance and demonstrating resilience. A successful completion of $20 million in run-rate savings from reorganizational actions helped maintain margins at 13%. Backlog reached $1 billion, up 37% since June 2020, indicating enhanced market sentiment. Operating cash flow stood at $107.1 million, with total liquidity of $383 million.