Wabash National (NYSE:WNC) Posts Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Wabash National (NYSE:WNC) announced its quarterly earnings results on Wednesday. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.04), Zacks reports. Wabash National had a negative net margin of 10.94% and a positive return on equity of 22.98%. During the same period last year, the company earned $1.07 earnings per share. Wabash National updated its FY 2025 guidance to 0.850-1.050 EPS.

Wabash National Stock Up 3.6 %

NYSE:WNC traded up $0.57 during trading hours on Wednesday, hitting $16.21. The stock had a trading volume of 292,692 shares, compared to its average volume of 795,521. The business has a 50 day simple moving average of $17.76 and a two-hundred day simple moving average of $18.77. Wabash National has a 1-year low of $14.87 and a 1-year high of $30.07. The company has a current ratio of 1.88, a quick ratio of 1.12 and a debt-to-equity ratio of 1.97. The company has a market cap of $702.41 million, a PE ratio of -2.96 and a beta of 1.57.

Wabash National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Friday, January 10th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 1.97%. The ex-dividend date is Friday, January 10th. Wabash National’s dividend payout ratio (DPR) is presently -5.89%.

Insider Activity

In related news, SVP Michael N. Pettit sold 1,500 shares of the business’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $17.19, for a total value of $25,785.00. Following the transaction, the senior vice president now owns 117,227 shares in the company, valued at approximately $2,015,132.13. The trade was a 1.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.78% of the company’s stock.

Wabash National Company Profile

Wabash National Corporation provides connected solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment designs and manufactures transportation-related equipment and products dry and refrigerated van trailers, platform trailers, tank trailers, and truck-mounted tanks; truck bodies for dry-freight transportation; cargo and cargo XL bodies for commercial applications; refrigerated truck bodies; platform truck bodies; and used trailers, as well as laminated hardwood oak flooring products.