Analysts expect WillScot Corp (NASDAQ:WSC) to report earnings per share of ($0.03) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for WillScot’s earnings, with estimates ranging from ($0.09) to $0.01. The company is expected to report its next earnings results on Tuesday, August 6th.
On average, analysts expect that WillScot will report full-year earnings of $0.11 per share for the current financial year, with EPS estimates ranging from ($0.04) to $0.22. For the next year, analysts expect that the company will post earnings of $0.77 per share, with EPS estimates ranging from $0.53 to $1.09. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for WillScot.
WillScot (NASDAQ:WSC) last issued its earnings results on Thursday, May 2nd. The company reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.03). WillScot had a positive return on equity of 0.95% and a negative net margin of 6.34%. The company had revenue of $255.00 million during the quarter, compared to analysts’ expectations of $254.20 million. The firm’s revenue for the quarter was up 89.2% compared to the same quarter last year.
In other WillScot news, Director Mark S. Bartlett purchased 35,000 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The shares were acquired at an average price of $11.56 per share, for a total transaction of $404,600.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 66.27% of the company’s stock.
Large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in WillScot by 8.8% during the first quarter. JPMorgan Chase & Co. now owns 6,850,682 shares of the company’s stock valued at $75,973,000 after buying an additional 553,033 shares in the last quarter. FMR LLC raised its stake in WillScot by 75.2% during the first quarter. FMR LLC now owns 5,355,970 shares of the company’s stock valued at $59,398,000 after buying an additional 2,299,370 shares in the last quarter. Wells Fargo & Company MN raised its stake in WillScot by 0.7% during the first quarter. Wells Fargo & Company MN now owns 3,622,221 shares of the company’s stock valued at $40,170,000 after buying an additional 25,846 shares in the last quarter. LLBH Private Wealth Management LLC raised its stake in WillScot by 7,951.6% during the fourth quarter. LLBH Private Wealth Management LLC now owns 3,381,687 shares of the company’s stock valued at $31,855,000 after buying an additional 3,339,687 shares in the last quarter. Finally, Rubric Capital Management LP raised its stake in WillScot by 23.2% during the first quarter. Rubric Capital Management LP now owns 2,676,000 shares of the company’s stock valued at $29,677,000 after buying an additional 504,262 shares in the last quarter. Institutional investors and hedge funds own 48.04% of the company’s stock.
Shares of NASDAQ WSC traded up $0.21 on Friday, hitting $14.49. The company had a trading volume of 14,585 shares, compared to its average volume of 453,408. WillScot has a 12-month low of $8.21 and a 12-month high of $18.19. The company has a debt-to-equity ratio of 2.46, a current ratio of 1.10 and a quick ratio of 1.03. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 76.29, a PEG ratio of 8.56 and a beta of 1.82.
Willscot Corp. operates as a holding company, which engages in the provision of modular space and portable storage markets. Its services include furniture rental, transportation and logistics, storage & facilities services and commercial real estate. The company was founded by Albert Vaughn Williams in 1944 and is headquartered in Baltimore, MD.
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