Wabash National Q4 Losses Expand; Q1 Outlook Given; WABASH Pre-Market Down
Wabash National (WABASH) reported Q4 net loss of $13.7 million, or 26 cents per share, compared to a $2.4 million profit, or 10 cents per share, in the same period last year. The loss widened despite a 12% year-over-year revenue increase to $181.3 million. Management provided a cautious Q1 outlook, forecasting diluted earnings per share of between 15 and 20 cents, down from 25 cents in the prior-year period. The stock fell 3.4% in pre-market trading on the news.
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