Wabash National (NYSE: WNC) reported earnings on April 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Wabash National missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue improved significantly and GAAP earnings per share increased significantly.

Gross margins contracted, operating margins grew, net margins increased.

Revenue details
Wabash National reported revenue of $277.7 million. The five analysts polled by S&P Capital IQ hoped for a top line of $285.4 million on the same basis. GAAP reported sales were 25% higher than the prior-year quarter's $222.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.10. The two earnings estimates compiled by S&P Capital IQ anticipated $0.09 per share. GAAP EPS of $0.07 for Q1 were 40% higher than the prior-year quarter's $0.05 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 7.1%, 30 basis points worse than the prior-year quarter. Operating margin was 2.6%, 80 basis points better than the prior-year quarter. Net margin was 1.8%, 40 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $361.1 million. On the bottom line, the average EPS estimate is $0.17.

Next year's average estimate for revenue is $1.45 billion. The average EPS estimate is $0.82.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 87 members out of 145 rating the stock outperform, and 58 members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give Wabash National a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Wabash National is buy, with an average price target of $14.20.

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