WillScot Mobile Mini Forecasts 9.5% Q1 Revenue Drop to $545M After Q4 Miss
WillScot Mobile Mini posted $566.8 million in Q4 revenue, down 5.8% year-over-year and missing estimates by 2.3%. Analysts now forecast Q1 revenue of $545.2 million (–9.5% y/y) and adjusted EPS of $0.33 after six misses of revenue estimates over two years.
1. Earnings Preview
WillScot Mobile Mini is set to announce Q4 results Thursday after market close, following six consecutive quarters of revenue shortfalls.
2. Q4 Performance
In Q4, the company generated $566.8 million in revenue, a 5.8% year-over-year decline that fell 2.3% below analysts’ estimates.
3. Q1 Outlook
Analysts predict Q1 revenue of $545.2 million (a 9.5% year-over-year drop) and adjusted earnings of $0.33 per share.
4. Peer Comparison
Construction Partners posted 44.1% revenue growth, Granite Construction saw 19.2% gains, and sector-wide stocks rose 7.8% last month while WillScot’s shares remained flat.