Summary Points: 
- Since the economic crisis, the company has done well, growing sales, margins and profits.
- An established, well-known brand that does well in times of growth.
- It’s time to be cautious as industry trailer orders have been declining.
- Earnings after-hours: Investors should focus on backlog, margins and what management has to say about outlook.
Wabash National Corp. (NYSE:WNC) designs, manufactures and sells standardized and customized truck trailers and related products.
The last three years have been great for WNC as sales, operating profit and EPS all grew. Operating margins for the last 12 months have been in the double digits.
As the September investor presentation slide (below) shows, management has set ambitious goals. It plans to increase revenues by 50% while maintaining double-digit margins and returns on capital.
