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Fly News Breaks for April 26, 2017
WNC
Apr 26, 2017 | 09:07 EDT
Craig-Hallum analyst Steven Dyer raised his price target for Wabash to $24 from $19 after the company delivered a "relatively solid Q1 report" and upbeat guidance on an improved industry demand environment. The analyst reiterates a Hold rating on the shares given the recent rally in the shares and 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."
