Wabash National ( (WNC) ) has released its Q2 earnings. Here is a breakdown of the information Wabash National presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Wabash National Corporation, headquartered in Lafayette, Indiana, is a leading provider of connected solutions for the transportation, logistics, and distribution industries, specializing in the design, manufacture, and service of a diverse range of products including trailers, truck bodies, and specialty equipment.
In its second-quarter 2025 earnings report, Wabash National announced a quarterly revenue of $459 million, surpassing the midpoint of its outlook range due to stronger-than-expected shipments. Despite this, the company reported a GAAP operating loss of $5 million, primarily attributed to legal verdict expenses.
Key financial metrics revealed a 16.7% decrease in net sales compared to the previous year, with a consolidated gross profit of $41.4 million, representing 9.0% of sales. The company also reported a GAAP EPS of $(0.23) and a Non-GAAP adjusted EPS of $(0.15), beating expectations through revenue growth and cost containment efforts. The total backlog stood at $1.0 billion, reflecting ongoing economic challenges and uncertainty.
Looking ahead, Wabash National has revised its 2025 revenue outlook to $1.6 billion and adjusted EPS guidance to a range of $(1.30) to $(1.00), excluding legal verdict impacts. Despite a challenging market environment, the company remains cautiously optimistic about a return to growth in 2026, based on early customer discussions and industry forecasts.