Earnings call transcript: Wabash National Q2 2026 revenue beats, shares fall 8%

Wabash National (WNC) reported Q2 2026 revenue of $417.24 million, beating analyst estimates, but posted a wider-than-expected adjusted loss of $0.53 per share, leading to an 8% drop in shares. Despite the earnings miss, the company saw its backlog grow by 14% to $956 million and anticipates sequential improvements in profitability and a return to normalized EBITDA levels by 2027 if replacement-level demand is met. Management highlighted an improving freight market and strategic moves to enhance liquidity and pricing power, aiming for stronger financial performance as volumes recover.