Earnings Preview: WillScot (WSC) Q3 Earnings Expected to Decline

Company Overview - WillScot (WSC) is expected to report a year-over-year decline in earnings, with a projected EPS of $0.29, reflecting a decrease of 23.7% compared to the previous year [3] - Revenues are anticipated to be $579.97 million, down 3.6% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on November 6, and the stock may rise if actual results exceed expectations, while a miss could lead to a decline [2] - The consensus EPS estimate has been revised down by 9.71% over the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for WillScot is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.68% [12] - However, the stock holds a Zacks Rank of 4, complicating predictions of an earnings beat [12] Historical Performance - In the last reported quarter, WillScot was expected to post earnings of $0.36 per share but only achieved $0.27, resulting in a surprise of -25.00% [13] - Over the past four quarters, the company has only beaten consensus EPS estimates once [14] Industry Comparison - In the Zacks Real Estate - Operations industry, Jones Lang LaSalle (JLL) is expected to report earnings of $4.24 per share, indicating a year-over-year increase of 21.1% [18] - JLL's revenue is projected to be $6.46 billion, up 10% from the previous year, with an Earnings ESP of +0.95% [19]