What's in the Offing for Wabtec (WAB) in Q2 Earnings?

Wabtec has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missing once. The average beat is 11.5%. We expect Wabtec's performance in the to-be-reported quarter to be boosted by an uptick in total revenues. The Zacks Consensus Estimate for revenues is pegged at $2.62 billion, which indicates growth of 9% from the yearago levels. The top line is likely to have reflected strength across both Freight and Transit segments. WAB is ...