Willscot Mobile Mini Holdings Corp reports results for the quarter ended in March - Earnings Summary

Reuters05-03

* Willscot Mobile Mini Holdings Corp reported quarterly adjusted earnings of 29 cents​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of eleven analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 26 cents to 40 cents per share.

* Revenue rose 3.8% to $587.18 million from a year ago; analysts expected $580.95 million.

* Willscot Mobile Mini Holdings Corp's reported EPS for the quarter was 29 cents​.

* The company reported quarterly net income of $56.24 million.

* Willscot Mobile Mini Holdings Corp shares had fallen by 21.3% this quarter and lost 17.7% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 29.2% in the last three months.​

* In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for Willscot Mobile Mini Holdings Corp is $53.00 This summary was machine generated from LSEG data May 2 at 09:53 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Mar. 31 2024 0.33 0.29 Missed

Dec. 31 2023 0.52 0.44 Missed

Sep. 30 2023 0.45 0.46 Beat

Jun. 30 2023 0.40 0.43 Beat

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