WillScot Mobile Mini Beats Q2 Estimates and Raises Full-Year Revenue Guidance

Earnings
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WillScot Mobile Mini reported second-quarter results that beat Wall Street expectations and raised its full-year revenue guidance. Revenue came in at $612.2 million, above analyst estimates of $585.4 million, while adjusted EPS of $0.28 beat the $0.25 consensus. The company lifted its full-year revenue guidance to $2.3 billion at the midpoint from $2.25 billion, and reaffirmed EBITDA guidance of $920 million. Management attributed the strength to robust demand for large project activations and expansion of its modular leasing and services segment, though operating margin declined to 19.2% from 21.5% a year earlier.

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