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WillScot Holdings Shares Fall After Q3 Decline, Miss Consensus
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WillScot Holdings Shares Fall After Q3 Decline, Miss Consensus
Oct 31, 2024 11:12 PM

12:41 PM EDT, 10/31/2024 (MT Newswires) -- WillScot Holdings ( WSC ) fell past 14% in recent trading Thursday, a day after the company's Q3 earnings and revenue declined and missed market expectations.

The company reported Q3 adjusted diluted earnings Wednesday of $0.38, down from $0.47 a year earlier. Analysts polled by Capital IQ expected $0.46.

Revenue for the quarter ended Sept. 30 was $601.4 million, down from $604.8 million a year earlier. Analysts surveyed by Capital IQ expected $617.8 million.

The company expects 2024 revenue between $2.38 billion and $2.42 billion. Analysts polled by Capital IQ expect $2.43 billion.

Price: 33.34, Change: -5.54, Percent Change: -14.25

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