- Wabash National press release ( NYSE: WNC ): Q4 GAAP EPS of $0.84 beats by $0.12 .
- Revenue of $657.45M (+37.2% Y/Y) misses by $11.13M .
- Operating EBITDA, a non-GAAP measure that excludes the effects of certain items, for the fourth quarter of 2022 was $69.8M, or 10.6% of net sales.
- Record backlog of $3.4B bolstered by the addition of long-term customer agreement.
- 2023 Outlook: For the full year ending December 31, 2023, the Company has issued guidance in the range of $2.8 to $3.0 billion in sales with a midpoint of $2.9 billion vs. consensus of $2.65B and earnings per diluted share of $2.70 to $3.00 with a midpoint of $2.85 vs. consensus of $2.54.
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Wabash National reports mixed Q4 earnings; initiates FY23 guidance above estimates