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Stock impact report

Wabtec Reports Third Quarter 2024 Results; Raised and Tightened Adjusted EPS Guidance

Westinghouse Air Brake Technologies Corporation (WAB) 
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am Check Earnings Report
US:NYSE Investor Relations: wabtec.com/investors
Company Research Source: Business Wire
GAAP Diluted Earnings Per Share of $1.63, Up 22.6%; Adjusted Diluted Earnings Per Share of $2.00, Up 17.6%GAAP Operating Margin at 16.3%; Adjusted Operating Margin Up 1.8 pts to 19.7%Sales Growth of 4.4% to $2.66 billionReturned $634 million to Shareholders via Share Repurchases and DividendsRaised and tightened 2024 Adjusted Diluted EPS guidance to be in the range of $7.45 to $7.65; up 27.5% from 2023 at the midpoint PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported third quarter 2024 GAAP earnings per diluted share of $1.63, up 22.6% versus the third quarter of 2023. Adjusted earnings per diluted share were $2.00, up 17.6% versus the same quarter a year ago. Third quarter sales were $2.66 billion and cash from operations was $542 million.“The Wabtec team delivered another strong quarter, evidenced by continued growth in sales, margin, earnings and operating cash flow,” said Rafael Santana, Wabtec’s President and CEO.“Demand for products and services has r Show less Read more
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