WillScot Corporation (NASDAQ:WSC) is reporting second quarter financial results on Monday 10th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, WSC is expected to report 2Q20 income of $ 0.07 per share from revenue of $ 257.77 million.
For the full year, analysts anticipate top line of $ 1356.19 million, while looking forward to income of $ 0.51 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,000.00 million ~ $ 1.10 billion
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Previous Quarter Performance
WillScot Corporation revealed loss for the first quarter of $ 0.03 per share, from the revenue of $ 255.82 million. The quarterly revenues elevated 0.64 percent compared with the same quarter last year. According to street consensus, WSC was expected to report 1Q20 income of $ 0.08 per share from revenue of $ 258.49 million. The bottom line results missed street analysts by $ 0.11 or 137.5 percent, at the same time, top line results fell short of analysts by $ 2.67 million or 1.03 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of WSC was $ 16.05, representing a 115.44 % increase from the 52 week low of $ 7.45 and a 18.9 % decrease over the 52 week high of $ 19.79.
The company has a market capital of $ 3.66 billion and is part of the Industrials sector and Rental & Leasing Services industry.
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Conference Call
WillScot Corporation will be hosting a conference call at 10:00 AM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.willscot.com
WillScot Corporation, together with its subsidiaries, provides various modular space and portable storage solutions in the United States, Canada, and Mexico. The company leases, sells, delivers, and installs mobile offices, modular buildings, and storage products. It offers various modular space units, including panelized and stackable offices, single-wide modular space units, section modulars and redi-plex complexes, classrooms, container offices, and other modular spaces; and portable storage units, such as shipping containers with swing doors.