Heavy Transportation Equipment Stocks Post Mixed Q2 Results

Earnings

โดย Yahoo Finance·

·Read original

Summary · why it matters

Heavy transportation equipment stocks reported a satisfactory second quarter, with revenues beating analysts' consensus estimates by 2.2% and next quarter's revenue guidance coming in 8.6% above expectations. Greenbrier was the weakest performer, with revenues of $576.5 million, down 31.6% year over year and missing estimates by 5.9%, while Wabash was the best, with revenues of $417.2 million, down 9.1% year over year but beating estimates by 3.6%. Allison Transmission delivered the fastest revenue growth of the group, up 92.4% year over year to $1.57 billion, and its stock is up 8.6% since reporting. On average, share prices of the 12 tracked companies are down 3.9% since the latest earnings results.

Allison Transmission Holdings Inc ▲

Greenbrier Companies Inc ▼

Wabash National Corporation ▲

Impact on stocks 5

Industrials± Mixed · 3 stocks

Greenbrier Companies Inc

▼ NegativeCapitalrelevance

Revenues down 31.6% YoY, missing estimates by 5.9%, weakest performer.

Wabash National Corporation

▲ PositiveCapitalrelevance

Revenues down 9.1% YoY but beat estimates by 3.6%, best performer.

Douglas Dynamics Inc

Mentioned

Electrification & Mobility▲ · 1 stocks

Allison Transmission Holdings Inc

▲ PositiveCapitalrelevance

Revenue up 92.4% YoY, fastest growth in group, stock up 8.6% since reporting.

Energy Transition & Power Demand▲ · 1 stocks

Mentioned