Wabash National Corp (WNC)
NYSE:WNC
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.31Last Year’s EPS
-0.15Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced significant near-term financial and operational challenges (Q1 losses, negative margins, negative cash flow, soft truck body demand) against several constructive developments: a 19% sequential backlog increase, improving freight indicators, operational and safety improvements, digital initiatives (SPECT SYNC), expanded dry van capacity (~10k incremental trailers), and targeted upfit expansion with meaningful margin potential. Management reiterated that Q1 was the low point and guided to sequential improvement, including expected positive adjusted EBITDA for 2026. Given the mix of meaningful positive indicators and ongoing material near-term weakness, the tone is cautiously optimistic but the company remains in recovery mode.Company Guidance
Backlog Increase and Improving Demand Signals
Backlog rose 19% sequentially to $837 million, management cites improving spot and contract rates, better freight indicators (ATA for-hire truck tonnage with largest YoY increase since Oct 2022; Logistics Managers Index +4.2 points sequentially) and increased customer engagement as signs of recovery toward 2027.
Operational and Safety Improvements
Key operating metrics (on-time-to-promise, first-time quality, total recordable incident rates) continued to improve. Total injuries declined 9% sequentially and 42% year-over-year; management reported overall injury rate improvements (management cited 7% and 19% improvement versus 2025 in comments).
Strategic Investments and Differentiators
Progress on digital enablement (SPECT SYNC) reduced friction in quoting/configuration and is being scaled, with AI and digital tools targeted to improve selling, tracking, maintenance decisions and parts & services recurring revenue.
Capacity and Manufacturing Readiness
Lafayette South plant added dry van capacity (management estimates ~10,000 incremental trailers vs prior upcycles) enabling scalable response as demand normalizes; management expects relatively muted early hiring needs to ramp into 2027 due to flex capacity.
Upfit Expansion Opportunities
New upfit sites opening in Chicago, Atlanta and Phoenix to improve proximity and win rates; management expects incremental revenue per new site of $10 million to $20 million at peak with gross margins approaching ~20%.
Guidance Reflects Sequential Recovery
Q2 revenue guidance of $380 million to $400 million and adjusted EPS guidance of negative $0.40 to negative $0.60; company expects Q1 was the low point with sequential improvement each quarter and positive adjusted EBITDA expected in 2026.
Disciplined Capital and Liquidity Management
Recognized $3 million of previously announced plant idling costs in Q1 as planned; invested ~$4 million in capex in Q1 while returning $3.5 million to shareholders via dividend; total liquidity (cash + available borrowings) reported at $165 million and management is engaging with banks on ABL ahead of September 2026.
WNC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WNC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2026 | $8.69 | $7.68 | -11.62% |
Feb 04, 2026 | $11.13 | $10.94 | -1.78% |
Oct 30, 2025 | $8.16 | $7.95 | -2.66% |
Jul 25, 2025 | $10.38 | $9.71 | -6.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Wabash National Corp (WNC) report earnings?
Wabash National Corp (WNC) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Wabash National Corp (WNC) earnings time?
Wabash National Corp (WNC) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WNC EPS forecast?
WNC EPS forecast for the fiscal quarter 2026 (Q2) is -0.31.