Stock Story -
Temporary space provider WillScot (NASDAQ:WSC) will be reporting earnings tomorrow after the bell. Here's what you need to know.
WillScot Mobile Mini beat analysts' revenue expectations by 1.1% last quarter, reporting revenues of $587.2 million, up 3.8% year on year. It was a slower quarter for the company, with underwhelming EBITDA guidance for the full year.
Is WillScot Mobile Mini a buy or sell going into earnings? Find out by reading the original article on StockStory, it's free.
This quarter, analysts are expecting WillScot Mobile Mini's revenue to grow 5.6% year on year to $614.8 million, slowing from the 11.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.41 per share.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. WillScot Mobile Mini has missed Wall Street's revenue estimates four times over the last two years.
Looking at WillScot Mobile Mini's peers in the construction and engineering segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Comfort Systems delivered year-on-year revenue growth of 39.6%, beating analysts' expectations by 6.9%, and Orion reported revenues up 5.3%, falling short of estimates by 3.4%. Comfort Systems traded up 5.9% following the results while Orion was down 28.5%.
Read the full analysis of Comfort Systems's and Orion's results on StockStory.
There has been positive sentiment among investors in the construction and engineering segment, with share prices up 9.4% on average over the last month. WillScot Mobile Mini is up 10.7% during the same time and is heading into earnings with an average analyst price target of $50.8 (compared to the current share price of $40.96).
![WillScot Mobile Mini (WSC) Q2 Earnings Report Preview: What To Look For](https://d68-invdn-com.investing.com/content/pic2e0865b39439c40812f875911262f8cf.jpeg)