## WillScot Mobile Mini (WSC) Earnings Preview: What to Expect on October 30th
Investors are eagerly awaiting WillScot Mobile Mini’s (WSC) quarterly earnings report, scheduled for release on Wednesday, October 30th. Analysts are predicting an earnings per share (EPS) of $0.45, and the market will be watching closely to see if the company can beat this estimate. Beyond the earnings number itself, investors will be particularly interested in the company’s guidance for future quarters, as this can often have a bigger impact on stock prices than a simple earnings beat or miss.
## Recent Performance and Market Sentiment
WillScot Mobile Mini has had a mixed track record in recent quarters. In the last quarter, the company missed EPS expectations by $0.00, leading to a 10.83% drop in share price the following day. This highlights the sensitivity of the stock to earnings surprises.
Looking at the bigger picture, however, WillScot Mobile Mini’s shares have been trending upward. Over the past 52 weeks, the stock is up 1.43%. This positive performance suggests long-term shareholders are generally bullish heading into this earnings release.
## Analyst Insights
Analysts are generally positive on WillScot Mobile Mini’s prospects. The company has received 7 ratings from analysts, resulting in a consensus rating of ‘Buy’. The average one-year price target stands at $47.0, suggesting a potential 18.12% upside from current levels.
## Peer Analysis: Comparing WillScot Mobile Mini to its Competitors
To understand WillScot Mobile Mini’s position within the industry, it’s helpful to compare it to its peers. We’ve analyzed three key players: Valmont Industries, MDU Resources Gr, and APi Gr. Here’s a breakdown of their analyst ratings and average one-year price targets:
*
Valmont Industries:
‘Buy’ rating with a $370.0 price target, implying a potential 829.88% upside.*
MDU Resources Gr:
‘Neutral’ rating with a $31.0 price target, implying a potential 22.09% downside.*
APi Gr:
‘Outperform’ rating with a $39.67 price target, indicating a potential 0.3% downside.Comparing key metrics like Revenue Growth, Gross Profit, and Return on Equity reveals that WillScot Mobile Mini ranks at the bottom for Revenue Growth and Gross Profit among its peers. However, the company ranks at the top for Return on Equity, suggesting it may be more efficient at utilizing its equity capital.
## Key Takeaways for Investors
* WillScot Mobile Mini is set to release its earnings report on Wednesday, October 30th.
* Analysts are predicting an EPS of $0.45, and the market will be watching closely for both earnings and guidance.
* The company has a mixed recent performance record, but long-term shareholders are generally bullish.
* Analyst sentiment is positive, with a consensus ‘Buy’ rating and an average one-year price target that suggests potential upside.
* Comparing WillScot Mobile Mini to its peers reveals that it is lagging behind in terms of Revenue Growth and Gross Profit, but it excels in terms of Return on Equity.
Investors should consider these factors when analyzing WillScot Mobile Mini’s upcoming earnings report and making investment decisions.