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Fly News Breaks for February 2, 2017
WNC
Feb 2, 2017 | 09:17 EDT
Craig-Hallum analyst Steven Dyer raised his price target for Wabash to $19 from $11 noting that improving sentiment on a slightly improved outlook sent shares rallying, even as 2017 will likely be a down year for both revenue and earnings. He reiterates a Hold rating on the shares, citing valuation.
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."
