10:08 AM EDT, 04/24/2024 (MT Newswires) -- Wabash National ( WNC ) shares were down about 3% in recent Wednesday trading after posting lower Q1 results.

The company reported Q1 earnings of $0.39 per diluted share, down from $1.04 a year earlier.

Three analysts polled by Capital IQ expected $0.46.

Net sales for the quarter ended March 31 were $515.3 million, down from $621 million a year earlier.

Three analysts surveyed by Capital IQ expected $519.3 million.

For 2024, the company said it continues to expect EPS in the range of $2 to $2.50. Three analysts polled by Capital IQ expect $2.20. Revenue for the year is expected in the range of $2.2 billion to $2.4 billion, unchanged from the prior outlook. Three analysts surveyed by Capital IQ expect $2.26 billion.

Price: 25.03, Change: -0.73, Percent Change: -2.82