Welcome to our dedicated page for Wabash Natl news (Ticker: WNC), a resource for investors and traders seeking the latest updates and insights on Wabash Natl stock.
Wabash National Corp. (NYSE: WNC) generates a steady flow of news related to transportation equipment manufacturing, supply chain solutions and its role in the truck trailer industry. Company updates often highlight how Wabash combines physical and digital technologies to support transportation, logistics, distribution and infrastructure markets, reflecting its focus on connected, end-to-end solutions.
Investors and industry followers can expect earnings announcements, including quarterly results, preliminary updates and outlook changes. These releases typically discuss net sales, segment performance for Transportation Solutions and Parts & Services, backlog trends, and the use of non-GAAP measures such as adjusted operating income, adjusted EBITDA, adjusted net income (loss), adjusted diluted earnings per share and free cash flow. Wabash also announces the timing of its earnings conference calls and webcasts, along with access details for slide presentations.
Beyond financial results, Wabash news covers strategic initiatives and partnerships. Recent stories include the launch and expansion of Trailers as a Service (TaaS) offerings like TaaS Pools and TaaS Plus, powered by TrailerHawk.ai, and partnerships such as the collaboration with Global Tank to expand the company’s tank trailer network and dealer ecosystem. These updates illustrate how Wabash is developing service-based and technology-enabled models alongside its manufacturing operations.
News items also describe network expansion in Parts & Services, such as new Parts & Services centers in key freight corridors, dealer expansions and additions to the Preferred Partner Network. These developments show how Wabash is building a broader support infrastructure for Wabash Genuine Parts, Ready-to-Mount truck bodies and related services.
For those tracking WNC, this news stream provides insight into Wabash’s financial performance, strategic direction, facility actions, partnerships and evolving offerings in trailers, truck bodies, tank trailers, parts and services.
Wabash National Corporation (NYSE: WNC) announced the sale of Extract Technology to Dietrich Engineering Consultants SA, effective June 30, 2021. Extract Technology, a supplier of containment and aseptic systems, generated approximately $22 million in sales in 2020. The divestiture aligns with Wabash’s strategic focus on transportation, logistics, and distribution markets. Senior Vice President Mike Pettit emphasized that the sale allows the company to concentrate on core growth areas such as home delivery and cold chain solutions.
Wabash National Corporation (NYSE:WNC) has declared a quarterly dividend of $0.08 per share, set to be paid on July 29, 2021, to stockholders on record as of July 8, 2021. The company is recognized as an innovation leader in engineered solutions for the transportation, logistics, and distribution sectors, offering a variety of products like trailers and truck bodies. Forward-looking statements highlight expectations regarding demand, profitability, and potential risks from economic conditions, competition, and supply chain issues.
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.
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