Wabash National Q2 Profit Misses Estimate

(RTTNews) - Wabash National Corp. (WNC) reported net income for the second quarter of $16.2 million or $0.23 per share, compared to $14.1 million or $0.20 per share for the year-ago quarter.

Excluding items, adjusted net income for the Second quarter was $16.9 million or $0.24 per share, compared to $14.7 million or $0.21 per share in the prior year quarter.

For the second quarter, the company's net sales increased 18% to $486.02 million from $413.13 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.26 per share on revenue of $476.45 million for the second quarter. Analysts' estimates typically exclude special items.