Why WillScot Holdings Stock Flopped on Friday
Stock market players weren't particularly willing to invest their money in WillScot Holdings (NASDAQ: WSC) on Friday. The mobile storage solutions company's shares dipped by almost 7% in price due to an earnings report that featured a pair of misses on the consensus analyst estimates. This came on a mildly positive day for stocks overall, as the S 500 index inched 0.1% higher.
WillScott's third quarter featured a top line of nearly $567 million, which was down from the year-ago revenue of over $601 million. Although the company was still well in the black, net income not according to generally accepted accounting principles (GAAP) also fell, to $54.6 million ($0.30 per share) against third-quarter 2024's profit of almost $73 million.
Image source: Getty Images.
Source Fool.com
WillScot Mobile Mini Holdings Corp. Stock
With 7 Buy predictions and not the single Sell prediction the community is currently very high on WillScot Mobile Mini Holdings Corp..
Based on the current price of 15.6 € the target price of 33 € shows a potential of 111.54% for WillScot Mobile Mini Holdings Corp. which would more than double the current price.


