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Fly News Breaks for June 14, 2016
WNC
Jun 14, 2016 | 07:19 EDT
As noted earlier, Stifel downgraded Wabash to Sell from Hold. The firm predicts that semi-trailer production will miss consensus expectations in 2017-2018, potentially causing the company's earnings to come in below the consensus outlook. Target $11.
News For WNC From the Last 2 Days
WNC
Apr 24, 2024 | 06:55 EDT
WNC
Apr 24, 2024 | 06:54 EDT
Reports Q1 revenue $515.3M, consensus $516.85M. "During the Q1, customer pickups of equipment lagged somewhat behind the pace of our production," said Brent Yeagy, president and CEO. "It's typical for customer pickup rates to vary between quarters, especially in slower years for the industry. We anticipate that the delays experienced in the first quarter will be recovered in subsequent quarters, particularly the second quarter."
