Wabtec Q3 Earnings & Revenues Beat Estimates, EPS View Up

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 Esti ...