UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): January 13, 2025 WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware (State or other Jurisdiction of Incorporation) 033-90866 25-1615902 (Commission File No.) (I.R.S. Employer Identification No.) 30 Isabella Street Pittsburgh, Pennsylv ...

In a shareholder-friendly move, Wabtec Corporation’s (WAB) board of directors approved a dividend hike of 25%, thereby raising its quarterly cash dividend to 25 cents per share ($1.00 annualized) from 20 cents ($0.80 annualized). The raised dividend will be paid out on March 7, 2025, to shareholders of record at the close of business on Feb. 21. The move reflects WAB’s intention to utilize free cash to enhance its shareholders’ returns.Notably, Wabtec has been consistently making efforts to reward its share ...

Analysts on Wall Street project that Westinghouse Air Brake Technologies (WAB) will announce quarterly earnings of $1.73 per share in its forthcoming report, representing an increase of 12.3% year over year. Revenues are projected to reach $2.59 billion, increasing 2.6% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pro ...

Westinghouse Air Brake Technologies (WAB) , operating as Wabtec Corporation, is scheduled to report fourth-quarter 2024 results on Feb. 12, before market open.See the Zacks Earnings Calendar to stay ahead of market-making news.The Zacks Consensus Estimate for WAB’s soon-to-be-reported quarter’s earnings has been revised downward by 0.6% in the past 60 days to $1.73 per share. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $2.59 billion, which indicates growth of 2.6% from the year-ago lev ...

Wabtec Corporation (WAB) is strengthening its operations with the help of strategic acquisitions. To this end, Wabtec has inked a deal to acquire Evident’s Inspection Technologies division (Inspection Technologies) for $1.78 billion ($1.68 billion after tax benefits), subject to customary adjustments. The deal is anticipated to be completed by the end of the first half of 2025, subject to customary closing conditions and regulatory approvals.Headquartered near Boston, MA, Evident’s Inspection Technologies d ...

Westinghouse Air Brake Technologies Corporation (WAB) , operating as Wabtec Corporation, is benefiting from the strong performance of its segments, Freight and Transit. The shareholder-friendly approach bodes well for the company. Lingering supply-chain disruptions and valuation concerns represent major challenges.Factors Working in Favor of WABWabtec’s focus on new technologies aims to provide solutions to improve the safety, cost and reliability of rail, as well as support the modernization of the global ...

Wabtec's Acquisition of Bloom Engineering - Wabtec acquired Bloom Engineering for $69 million in cash in Q4, financed through cash on hand and a revolving credit facility [11] - Bloom Engineering will join Wabtec's Freight and Industrial Components Group [10] - The acquisition is expected to strengthen Wabtec's portfolio of heat transfer and energy solutions through Bloom's advanced technologies in burners, combustion systems, and industrial heating applications [7] Financial Impact and Synergies - The inclusion of Bloom Engineering is expected to be immediately accretive to Wabtec's earnings, excluding transaction costs, with strong synergies anticipated over the next three years [2] - Wabtec shares have gained 51.3% in the past year, outperforming its industry and the S&P 500 [3] Transportation Sector Stocks - C H Robinson Worldwide (CHRW) has an expected earnings growth rate of 33.3% for 2024, with its Zacks Consensus Estimate revised upward by 6.4% over the past 90 days [6] - Expeditors International of Washington (EXPD) has an expected earnings growth rate of 8.38% for 2024, with its Zacks Consensus Estimate also revised upward by 6.4% over the past 90 days [9] - Both CHRW and EXPD carry a Zacks Rank 2 (Buy) [5]

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Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

It has been about a month since the last earnings report for Westinghouse Air Brake Technologies (WAB) . Shares have added about 4.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Wabtec due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Wabtec Q3 Earnings Surpass ...