Wabash National Corp. (NYSE: WNC) beat top- and bottom-line estimates in the second quarter. It maintained some production as truck makers shut down for April and part of May because of the coronavirus pandemic.
Net sales were $339.2 million. The builder of dry and refrigerated vans, tanker bodies and last-mile products used strict cost control measures to hold its profit margin decline to 15% on operating income of $6 million. Earnings per share were $0.00.
“The cost reductions we’ve made allow...
https://s29755.pcdn.co/news/wabash-national-minimizes-q2-pandemic-impact