Core Viewpoint - WillScot (WSC) reported quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.33 per share, and down from $0.49 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was -12.91%, with the company having surpassed consensus EPS estimates only once in the last four quarters [2] - WillScot posted revenues of $565.97 million for the quarter, exceeding the Zacks Consensus Estimate by 3.94%, but down from $602.52 million year-over-year [3] - The company has topped consensus revenue estimates two times over the last four quarters [3] Stock Performance - WillScot shares have increased approximately 17.3% since the beginning of the year, compared to a 0.5% gain in the S&P 500 [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.20 on revenues of $525.9 million, and for the current fiscal year, it is $1.14 on revenues of $2.19 billion [8] - The estimate revisions trend for WillScot was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [7] Industry Context - The Real Estate - Operations industry, to which WillScot belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, suggesting potential challenges ahead [9]
WillScot (WSC) Misses Q4 Earnings Estimates