Wabtec Q3 Earnings & Revenues Beat Estimates, EPS View Up [Yahoo! Finance]
Westinghouse Air Brake Technologies Corporation (WAB)
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am
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US:NYSE Investor Relations:
wabtec.com/investors
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Source: Yahoo! Finance
Westinghouse Air Brake Technologies Corporation ( WAB reported third-quarter 2024 earnings per share (EPS) (excluding 37 cents from non-recurring items) of $2.00, which surpassed the Zacks Consensus Estimate of $1.87. The bottom line improved 17.6% year over year due to higher sales and operating margin expansion. Wabtec's bullish EPS guidance looks encouraging. WAB now expects its 2024 adjusted EPS in the range of $7.45-$7.65, which is higher than the prior guidance of $7.20-$7.50. The Zacks Consensus Estimate of $7.48 lies within the updated guidance. Find the latest EPS estimates and surprises on Zacks Earnings Calendar Revenues of $2.66 billion beat the Zacks Consensus Estimate of $2.64 billion. The top line grew 4.4% year over year due to higher sales of the Freight and Transit segments. Segmental Highlights Freight net sales of $1.93 billion increased 2.6% year over year. Results were boosted by the strong performance of Services and Digital, which rose 16.5% and 12.7
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WAB
Earnings
- 10/23/24 - Beat
WAB
Sec Filings
- 11/19/24 - Form 4
- 11/14/24 - Form SC
- 11/12/24 - Form 4
- WAB's page on the SEC website