Wabash National Reports Third Quarter Revenue Beat Amid Earnings Miss
Wabash National (WNC) reported mixed third-quarter financial results, characterized by a significant revenue beat alongside an earnings miss. The company achieved revenue of $476 million, representing a 24.6% year-over-year increase and exceeding analyst expectations by $22.25 million. However, Non-GAAP earnings per share (EPS) came in at -$0.63, missing estimates by $0.17. Despite the earnings shortfall, the company's order book shows strong momentum. The total backlog reached $1,198 million as of September 30, 2026, marking a 25% increase from the previous quarter. This growth in backlog is notable for outperforming traditional seasonal trends, providing a clearer outlook for future production cycles.
Tickers: $WNC
Topics: backlog growth earnings miss revenue beat