Yahoo Finance WillScot Mobile Mini Holdings First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
WillScot Mobile Mini Holdings (NASDAQ:WSC) First Quarter 2024 Results
Key Financial Results
Revenue: US$587.2m (up 3.8% from 1Q 2023).
Net income: US$56.2m (down 26% from 1Q 2023).
Profit margin: 9.6% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses.
EPS: US$0.30 (down from US$0.37 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
WillScot Mobile Mini Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 10%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Construction industry in the US.
Performance of the American Construction industry.
The company's shares are down 4.6% from a week ago.
Risk Analysis
Be aware that WillScot Mobile Mini Holdings is showing 2 warning signs in our investment analysis that you should know about...
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