Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
WillScot Holdings Corp. (WSC)
NASDAQIndustrialsRental & Leasing ServicesSnapshot 2026-11-04
$19.30-1.48%
Close 2026-11-04 · 1-day change
NASDAQIndustrialsRental & Leasing ServicesSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
1.30 → 1.27 EPS · FY ending Dec 31, 2027 · 7 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 7 to 7; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for WSC yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Operating cash flow stabilizes or improves from $191 million | The company aims to improve cash flow and manage costs better. | Improving | Operating cash flow falls below $180 million over next 4 quarters | Cash from operations: $162.264M FY2026-Q2; GAAP. Published target: >= $191 million. Target period is not explicitly aligned with this observation. Aug 6, 2026162,264,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 5, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
WSC is a growth-oriented industrial business whose thesis depends on demand and fleet investment, rather than a clear turnaround or deep-value case. The signal has improved to favorable, but the thesis remains under watch because recent financial performance has lagged its industry group.
Valuation is described as cheap versus peers, while the overall priced-in signal is justified and fragility is low. The expectations gap is negative, but the evidence does not explain its scale in plain terms, so the gap is uncertain rather than a firm sign of mispricing.
Near term, revenue momentum has been supported by higher quarterly revenue, a raised 2026 revenue outlook, and improving order book and large-project demand. Management is also investing more in the fleet, while cost savings from its network plan are not yet visible; recent performance still trails the industry group, and the sector backdrop is a headwind.
The multi-year thesis hinges on WSC sustaining revenue growth and turning fleet investment into business progress while delivering cost reductions. Near term, a guidance cut after the recent increase would damage confidence; continued strong results and higher guidance from industrial bellwethers would support the sector backdrop, while misses or lower guidance could weaken it.
Over the next 1 to 3 years, WSC has credible demand and investment support, but the watch status reflects weaker relative performance, elevated risk, and cost savings that are not yet proven. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| A supporting condition in WillScot Holdings Corp.'s published investment case. The stated target is >= $285 million. |
| Improving |
| Gross profit falls below $270 million over next 4 quarters |
Gross profit: $306.264M FY2026-Q2; GAAP. Published target: >= $285 million. Target period is not explicitly aligned with this observation. Aug 6, 2026306,264,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Annual revenue reaches at least $2.25 billion | A primary condition in WillScot Holdings Corp.'s published investment case. The stated target is >= $2.25 billion. | Intact | Annual revenue falls below $2.0 billion in FY26 | Revenue: $612.151M FY2026-Q2; GAAP. Published target: >= $2.25 billion. Annual target cannot be compared with a quarterly or TTM observation. Aug 6, 2026612,151,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 3 of 3 supplied quarters. Management reported: “Large project and event activity, combined with our Enterprise Accounts and verticals strategies, drove year-over-year modular unit activation growth for the third consecutive quarter and a return to year-over-year revenue growth.” “1 Jacobsen concluded, "Based on first half 2026 results and current commercial demand, we are raising our 2026 outlook to $2.3 billion in revenue and $920 million in Adjusted EBITDA.” Revenue was $612.151 million in 2026-Q2. Delivery assessment Nov 4, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$1.35 → $1.27 · observed estimates
$2.33B → $2.37B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $1.35 | $2,333,608,750 | 10 / 10 |
| 2026-07-25 | $1.35 | $2,333,608,750 | 10 / 10 |
| 2026-07-26 | $1.35 | $2,333,608,750 | 10 / 10 |
| 2026-07-27 | $1.35 | $2,333,608,750 | 10 / 10 |
| 2026-07-28 | $1.35 | $2,333,608,750 | 10 / 10 |
| 2026-07-29 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-07-30 | $1.35 | $2,333,608,750 | 10 / 10 |
| 2026-07-31 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-01 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-02 | $1.35 | $2,333,608,750 | 10 / 10 |
| 2026-08-03 | $1.35 | $2,333,608,750 | 10 / 10 |
| 2026-08-04 | $1.35 | $2,333,608,750 | 10 / 10 |
| 2026-08-05 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-06 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-08 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-09 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-10 | $1.34 | $2,337,018,940 | 10 / 9 |
| 2026-08-12 | $1.33 | $2,360,259,580 | 10 / 10 |
| 2026-08-13 | $1.33 | $2,360,259,580 | 10 / 10 |
| 2026-08-14 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-15 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-16 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-17 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-18 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-19 | $1.33 | $2,333,581,947 | 7 / 7 |
| 2026-08-20 | $1.30 | $2,375,785,862 | 7 / 7 |
| 2026-08-21 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-08-22 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-08-23 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-08-24 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-08-25 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-08-26 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-08-27 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-08-28 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-08-29 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-08-30 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-08-31 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-01 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-02 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-03 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-04 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-05 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-06 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-07 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-08 | $1.30 | $2,373,008,085 | 6 / 7 |
| 2026-09-09 | $1.30 | $2,373,008,085 | 6 / 7 |
| 2026-09-10 | $1.30 | $2,373,008,085 | 6 / 7 |
| 2026-09-11 | $1.30 | $2,373,008,085 | 6 / 7 |
| 2026-09-12 | $1.30 | $2,373,008,085 | 6 / 7 |
| 2026-09-13 | $1.30 | $2,373,008,085 | 6 / 7 |
| 2026-09-14 | $1.30 | $2,373,008,085 | 6 / 7 |
| 2026-09-15 | $1.30 | $2,373,008,085 | 6 / 7 |
| 2026-09-16 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-17 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-18 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-19 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-20 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-21 | $1.30 | $2,373,008,085 | 7 / 7 |
| 2026-09-22 | $1.29 | $2,374,596,973 | 7 / 7 |
| 2026-09-23 | $1.29 | $2,374,596,973 | 7 / 7 |
| 2026-09-24 | $1.29 | $2,374,596,973 | 7 / 7 |
| 2026-09-25 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-09-26 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-09-27 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-09-28 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-09-29 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-09-30 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-01 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-02 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-03 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-04 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-05 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-06 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-07 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-08 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-09 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-10 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-11 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-12 | $1.30 | $2,377,140,485 | 7 / 7 |
| 2026-10-13 | $1.29 | $2,375,832,390 | 7 / 7 |
| 2026-10-14 | $1.29 | $2,375,832,390 | 7 / 7 |
| 2026-10-15 | $1.29 | $2,375,832,390 | 7 / 7 |
| 2026-10-16 | $1.28 | $2,371,442,390 | 7 / 7 |
| 2026-10-17 | $1.28 | $2,371,442,390 | 7 / 7 |
| 2026-10-18 | $1.27 | $2,371,627,137 | 7 / 7 |
| 2026-10-19 | $1.27 | $2,371,627,137 | 7 / 7 |
| 2026-10-20 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-21 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-22 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-23 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-24 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-25 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-26 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-27 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-28 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-29 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-30 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-10-31 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-11-01 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-11-02 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-11-03 | $1.27 | $2,371,597,137 | 7 / 7 |
| 2026-11-04 | $1.27 | $2,371,597,137 | 7 / 7 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 3 Buy / Strong Buy · 7 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 3 recorded
0 raises · 1 cuts · 0 unchanged · 1 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.