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), a leader in transportation equipment manufacturing, provides this centralized hub for tracking corporate developments and industry leadership. Access timely updates on semi-trailer innovations, supply chain partnerships, and logistics solutions shaping commercial freight transportation.
This resource delivers essential information for monitoring WNC's operational milestones, including earnings reports, product launches, and strategic collaborations with suppliers like Steel Dynamics. Investors and industry stakeholders will find updates on sustainable manufacturing initiatives and connected fleet technologies that enhance transportation efficiency.
Discover press releases covering WNC's Transportation Solutions segment advancements and Parts & Services network expansions. Content spans operational updates, leadership changes, and innovations in composite materials engineering relevant to dry freight and refrigerated trailer markets.
Bookmark this page for streamlined access to verified information about Wabash National's market position. Check regularly for developments impacting commercial transportation equipment trends and aftermarket service solutions.
Wabash reported a strong first quarter of 2023, with revenues reaching $621.0 million, a 13.6% increase year-over-year. The operating income was $69.9 million, leading to a notable operating margin of 11.3%, benefiting from enhanced operational efficiency and product mix. Earnings per share (EPS) hit a record $1.04, surpassing previous forecasts. The company’s backlog also saw significant growth, reaching $3.1 billion, a 31% increase from the previous year, indicating strong future demand. Wabash maintained its 2023 revenue guidance of $2.8 billion to $3.0 billion and raised its EPS outlook to $4.00 to $4.50. The CEO emphasized the company's strategic evolution over the past four years, positioning Wabash for ongoing success in the industry.
Wabash (NYSE: WNC) will host a webcast for its quarterly earnings conference call to discuss its financial results for Q1 2023 on April 26, 2023, at 11:00 a.m. ET. The call can be accessed via the 'Investors' section of Wabash’s website, with a dial-in option at (888) 440-6928, conference ID 6579482. Earnings materials will be posted by 7:00 a.m. ET on the same day and will remain accessible afterward. Wabash is recognized for its innovation in the transportation sector, offering a range of products from trailers to specialty equipment. For more details, visit www.onewabash.com.
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