Wabash Shares Slide After Company Cuts 2025 Revenue View on Weak Demand

Dow Jones

Apr 30

By Rob Curran

Shares of Wabash National fell after the maker of semi trailers slashed its projections for 2025 earnings and revenue following a plunge in demand during the first quarter.

Wabash warned it now expects an adjusted 2025 loss in a range between 35 cents and 85 cents a share. In January, the company forecast earnings in a range between 85 cents and $1.05 a share.

The Lafayette, Ind., manufacturer cut its 2025 revenue projection to $1.8 billion from a prior estimated range between $1.9 billion and $2.1 billion.

Shares fell 13% to $8.64, premarket.

For the first quarter, Wabash posted earnings of $230.9 billion, or $5.36 a share, up from $18.2 million, or 39 cents a share, a year earlier.

Earnings were buoyed by the reduction of a jury verdict in Missouri related to liability in a fatal 2019 crash.

Wabash said revenue slid 25% to $380.9 million. Wabash shipped 6,290 trailers in the first quarter, a 26% drop from a year earlier. Shipments of truck bodies also fell sharply to 3,000.

Penske Automotive recently noted a drop in quarterly sales of commercial trucks.

Write to Rob Curran at rob.curran@wsj.com

(END) Dow Jones Newswires

April 30, 2025 08:08 ET (12:08 GMT)

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Shipments of truck bodies also fell sharply to 3,000. \n</p>\n<p>\n  Penske Automotive recently noted a drop in quarterly sales of commercial trucks. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2025 08:08 ET (12:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WNC","symbol_name":"Wabash National Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531103188","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531103188","pubTimestamp":1746014880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Wabash National fell after the maker of semi trailers slashed its projections for 2025 earnings and revenue following a plunge in demand during the first quarter.Wabash warned it now expects an adjusted 2025 loss in a range between 35 cents and 85 cents a share. 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