Westinghouse Air Brake Technologies (WAB) Q4 Earnings and Revenues Miss Estimates

Core Viewpoint - Westinghouse Air Brake Technologies (WAB) reported quarterly earnings of $1.68 per share, missing the Zacks Consensus Estimate of $1.73 per share, but showing an increase from $1.54 per share a year ago [1][2] Earnings Performance - The earnings surprise for the quarter was -2.89%, with a previous quarter's earnings of $2 per share exceeding expectations of $1.87 per share, resulting in a surprise of 6.95% [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [2] Revenue Performance - Wabtec posted revenues of $2.58 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.38%, but showing an increase from $2.53 billion year-over-year [3] - The company has topped consensus revenue estimates three times over the last four quarters [3] Stock Performance - Wabtec shares have increased approximately 9.8% since the beginning of the year, outperforming the S&P 500's gain of 3.2% [4] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $1.97 for the coming quarter and $8.59 for the current fiscal year [5][8] - The estimate revisions trend for Wabtec is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [7] Industry Context - The Transportation - Equipment and Leasing industry, to which Wabtec belongs, is currently in the top 27% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [9]