Wabash National Adjusts Full-year Earnings Guidance - Quick Facts

(RTTNews) - Wabash National Corp. (WNC) updated its full-year 2017 guidance for trailer shipments to 53,500 to 55,500 new trailers, and adjusted earnings guidance range to $1.33 to $1.37 per share. Previously, the company projected earnings in a range of $1.44 to $1.50; and full-year shipment guidance in the range of 53,000 to 56,000 trailers.

Dick Giromini, CEO, stated, "In the near term, while many of the short-term operational issues are behind us, others will linger throughout the balance of the year."

The company currently projects full-year 2018 earnings in a range of $1.55 to $1.75 per share.

Third quarter 2017 non-GAAP adjusted earnings decreased $11.7 million over the prior year period to $21.2 million, or $0.34 per share. Net sales were $425 million, down 8 percent as compared to the third quarter of 2016.