WillScot Corporation (WSC) experienced a significant after-hours plunge of 10.22% following the release of its second-quarter earnings report, which fell short of analysts' expectations. The company, which specializes in modular space and portable storage solutions, reported mixed results that disappointed investors.

The primary factors contributing to the stock's decline were the company's earnings miss and lowered full-year revenue outlook. WillScot reported adjusted earnings per share (EPS) of $0.27 for Q2, significantly below the consensus estimate of $0.35. This represents a 30.77% decrease compared to the same period last year. While the company's Q2 revenue of $589.083 million slightly beat the analyst estimate of $587.5 million, it still marked a 2.56% decrease from the previous year.

Adding to investor concerns, WillScot updated its fiscal year 2025 revenue guidance to a range of $2.3 billion to $2.35 billion, which falls short of the consensus expectation of $2.36 billion. Despite reporting an adjusted EBITDA of $248.913 million and an adjusted EBITDA margin of 42.3% for the quarter, the lowered outlook and earnings miss appear to have overshadowed these positive aspects, leading to the sharp decline in the stock price during after-hours trading.