WillScot (NASDAQ:WSC) Issues Earnings Results, Beats Estimates By $0.05 EPS

WillScot (NASDAQ:WSC) announced its quarterly earnings data on Thursday. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.05, FiscalAI reports. The business had revenue of $548.63 million during the quarter, compared to analysts’ expectations of $518.17 million. WillScot had a positive return on equity of 20.06% and a negative net margin of 2.99%.The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 earnings per share.

Here are the key takeaways from WillScot’s conference call:

• WillScot raised full?year 2026 guidance to about $2.25 billion in revenue and ~$915 million in Adjusted EBITDA and now expects leasing revenue to inflect year?over?year in the second half of 2026.
• Commercial momentum is improving — total activations were up ~10% year?over?year in Q1 (modular activations up ~8%), while enterprise accounts revenue rose 12% and the enterprise pending order book is >25% higher ex?World Cup.
• The business generated strong cash flow and returned capital — Q1 adjusted free cash flow was $116 million (21% margin), the company repurchased shares and paid dividends (~$20 million), and reduced debt by $76 million with ample liquidity.
• Near?term margin pressure and local market softness — Q1 Adjusted EBITDA margin compressed to 38.5% due to higher unit prep, delivery & installation mix, rental costs (+9%) and commissions (+33%), and storage/container unit?on?rent declines (a previously noted ~$50 million headwind).

WillScot Trading Up 20.6%

WSC opened at $28.10 on Friday. WillScot has a one year low of $14.91 and a one year high of $31.88. The stock has a market cap of $5.08 billion, a price-to-earnings ratio of -73.95, a P/E/G ratio of 1.71 and a beta of 1.31. The stock’s 50 day moving average price is $19.74 and its 200-day moving average price is $20.19. The company has a debt-to-equity ratio of 4.15, a quick ratio of 0.78 and a current ratio of 0.86.

WillScot Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be given a dividend of $0.07 per share. The ex-dividend date is Wednesday, June 3rd. This represents a $0.28 dividend on an annualized basis and a yield of 1.0%. WillScot’s payout ratio is -93.33%.

More WillScot News

Here are the key news stories impacting WillScot this week:

• Positive Sentiment: WillScot reported Q1 adjusted EPS of $0.21, ahead of the $0.16 consensus, and revenue of $548.6 million, above estimates. Article Title
• Positive Sentiment: The company said it exceeded its Q1 revenue and adjusted EBITDA outlook and raised its 2026 full-year outlook for revenue, adjusted EBITDA, and net capex, signaling improving commercial demand. Article Title
• Positive Sentiment: WillScot also declared a quarterly dividend of $0.07 per share, which may support investor sentiment. Article Title
• Neutral Sentiment: Revenue still declined 2.0% year over year, and EPS was below last year’s $0.24, so the quarter was solid but not a return to growth. Article Title
• Negative Sentiment: Operating performance remained pressured, with gross profit, operating income, and net income all down from a year ago, which could temper enthusiasm after the post-earnings rally. Article Title

Institutional Trading of WillScot

A number of institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its position in WillScot by 24.6% during the 1st quarter. Royal Bank of Canada now owns 33,684 shares of the company’s stock worth $936,000 after acquiring an additional 6,651 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in WillScot by 1.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 724,638 shares of the company’s stock valued at $20,145,000 after acquiring an additional 8,963 shares during the period. Creative Planning lifted its stake in WillScot by 6.9% during the 2nd quarter. Creative Planning now owns 15,814 shares of the company’s stock valued at $433,000 after acquiring an additional 1,024 shares during the period. American Century Companies Inc. lifted its stake in WillScot by 3.0% during the 2nd quarter. American Century Companies Inc. now owns 46,781 shares of the company’s stock valued at $1,282,000 after acquiring an additional 1,374 shares during the period. Finally, Hsbc Holdings PLC lifted its stake in WillScot by 48.8% during the 2nd quarter. Hsbc Holdings PLC now owns 11,676 shares of the company’s stock valued at $320,000 after acquiring an additional 3,827 shares during the period. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on WSC shares. William Blair reiterated a “market perform” rating on shares of WillScot in a research note on Thursday, March 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of WillScot in a research note on Wednesday, January 21st. Barclays upped their price objective on WillScot from $18.00 to $22.00 and gave the company an “equal weight” rating in a research report on Friday, March 6th. Wall Street Zen raised WillScot from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Zacks Research raised WillScot from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, WillScot currently has an average rating of “Hold” and an average target price of $24.38.

About WillScot

WillScot (NASDAQ: WSC) is a leading North American provider of modular space and portable storage solutions. The company designs, manufactures, leases and sells temporary and permanent modular buildings to serve sectors such as education, healthcare, construction, industrial and government. Its modular space offerings range from single?unit office trailers and classrooms to complex multi?unit configurations tailored to diverse project requirements.

In addition to modular structures, WillScot offers a broad portfolio of portable storage containers and related services, including site logistics, customization, delivery and installation.