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Fly News Breaks for March 1, 2019
WNC
Mar 1, 2019 | 06:43 EDT
Loop Capital analyst Jeffrey Kauffman kept his Buy rating and $24 price target on Wabash after its analyst meeting presentation, saying the message from the management supports his view that the company's "new business opportunities and balance sheet" will sustain its earnings growth. The analyst believes that Wabash stock could be re-rated to the upside, and he is enthusiastic about the company's "transformational story" given its "right market position and technology advantage".
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."
