Wabtec Reaches 52-Week High: What's Aiding the Stock? [Yahoo! Finance]
Westinghouse Air Brake Technologies Corporation (WAB)
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am
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Source: Yahoo! Finance
Shares of Westinghouse Air Brake Technologies Corporation, operating as Wabtec Corporation ( WAB , scaled a 52-week high of $184.11 in the trading session on Sept. 26, 2024, before closing a tad lower at $182.27. Let's delve deeper to find out the factors working in favor of Wabtec stock. Why the Uptick in the WAB Stock? Wabtec's top line has been benefiting from higher sales across its Freight and Transit segments. While the Freight segment benefits from growth in services and components, the transit segment gains from strong aftermarket and original equipment manufacturing sales. WAB is expected to continue its strong performance due to strong underlying demand and a robust backlog.The ongoing summer season is expected to provide a further boost to revenues. Driven by this encouraging backdrop, management raised its current-year earnings per share (EPS) guidance. Wabtec raised 2024 EPS guidance to the range of $7.20-$7.50 from $7.00-$7.40 guided previously. The Zacks Consen
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WAB
News
- Here's Why Investors Should Invest in ATSG Stock Right Now [Yahoo! Finance]Yahoo! Finance
- Wabtec Announces Third Quarter 2024 Earnings Release DateBusiness Wire
- Here's Why You Should Add Wabtec Stock to Your Portfolio Now [Yahoo! Finance]Yahoo! Finance
- Are Transportation Stocks Lagging DSV (DSDVY) This Year? [Yahoo! Finance]Yahoo! Finance
- Wabtec's EPS Estimates Northbound: Time to Buy WAB Stock? [Yahoo! Finance]Yahoo! Finance
WAB
Earnings
- 7/24/24 - Beat
WAB
Sec Filings
- 9/12/24 - Form 4
- 9/11/24 - Form 144
- 9/4/24 - Form 4
- WAB's page on the SEC website