WillScot Corporation (NASDAQ:WSC) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, WSC to report 3Q20 income of $ 0.07 per share from revenue of $ 411.06 million.
For the full year, analysts anticipate top line of $ 1419.76 million, while looking forward to income of $ 0.55 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,320.00 million ~ $ 1,420.00 million
Click Here For More Historical Outlooks Of WillScot Corporation
Previous Quarter Performance
WillScot Corporation posted income for the second quarter of $ 0.10 per share, from the revenue of $ 256.86 million. Street analysts expected WillScot Corporation to report income of $ 0.07 per share on revenue of $ 257.77 million for the second quarter. The bottom line results beat street analysts by $ 0.03 or 42.86 percent, at the same time, top line results fell short of analysts by $ 0.91 million or 0.35 percent.
Stock Performance
Shares of WillScot Corporation traded low $ -0.40 or -2.12 percent on Wednesday, reaching $ 18.44 with volume of 1.34 million shares. WillScot Corporation has traded high as $ 18.85 and has cracked $ 18.06 on the downward trend
The closing price of $ 18.44, representing a 152.89 % increase from the 52 week low of $ 7.45 and a 4.8 % decrease over the 52 week high of $ 19.79.
The company has a market capital of $ 4.20 billion and is part of the Industrials sector and Rental & Leasing Services industry.
Recent Analyst recommendations
- On 16th September 2020, initiated by Berenberg Bank at Buy rating, with $ 22.00 target price.
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.
