WABASH NATIONAL CORP (NYSE:WNC) Reports Mixed Q2 2025 Results: Revenue Beat Overshadowed by Negative EPS and 7% Pre-Market Drop

WABASH NATIONAL CORP (NYSE:WNC) reported mixed second-quarter 2025 results, with revenue exceeding expectations but earnings per share (EPS) remaining in negative territory. The market reaction has been notably negative, with shares dropping over 7% in pre-market trading, suggesting investor concerns despite the top-line beat.

Key Earnings Highlights

• Revenue: $458.8 million, surpassing the analyst consensus estimate of $438.1 million. The outperformance was attributed to stronger-than-expected shipments.
• EPS: Reported at -$0.15, an improvement over the estimated -$0.34 but still reflecting ongoing profitability challenges.
• Parts & Services Segment: Showed positive performance, contributing to the revenue beat, though specific figures were not detailed in the press release.

Market Reaction & Price Action

The immediate pre-market decline of 7.6% indicates disappointment, likely driven by the persistent negative EPS and uncertainty around future profitability. Despite the revenue beat, investors appear focused on the lack of a clear turnaround in earnings. Over the past month, WNC shares had been relatively flat (+1.6%), but the sharp post-earnings drop suggests a reassessment of near-term prospects.

Forward-Looking Estimates

Analysts project full-year 2025 revenue at $1.795 billion, with an estimated EPS of -$0.61. For Q3, expectations are set at $479.9 million in revenue and $0.026 EPS. The company did not provide explicit guidance in the press release, leaving investors to rely on external estimates.

Press Release Summary

Wabash emphasized its position as a leader in supply chain solutions for transportation and logistics markets. The revenue beat was driven by stronger shipments, while the Parts & Services segment showed resilience. However, the lack of profitability improvement appears to be the primary concern for shareholders.

For a deeper dive into Wabash’s earnings and analyst estimates, visit the earnings page.

Disclaimer: This article is not investment advice. Investors should conduct their own research or consult a financial advisor before making decisions.