Overview

• WillScot Q3 2025 revenue of $567 mln missed analyst expectations

• Leasing revenues declined 4.7% yr/yr due to increased write-offs

• Company reduced debt by $84 mln and repurchased $21 mln in shares

Outlook

• Company expects Q4 2025 revenue of $545 mln and adjusted EBITDA of $250 mln

Result Drivers

• LEASING REVENUE STABILITY - Leasing revenues were stable sequentially when excluding write-offs, with favorable rate and mix offsetting volume headwinds

• OPERATIONAL INITIATIVES - Co improved collections processes and customer satisfaction, realizing improvements in days sales outstanding

• GROWTH FOCUS - Co targets growth in Enterprise Accounts and differentiated offerings for future expansion

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the corporate financial services peer group is "buy"

• Wall Street's median 12-month price target for WillScot Holdings Corp is $33.00, about 37% above its November 5 closing price of $20.79

• The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNX6SNBK2

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)