These Analysts Revise Their Forecasts On Westinghouse Air Brake After Q1 Results

Core Insights - Westinghouse Air Brake Technologies Corporation (WAB) reported better-than-expected first-quarter adjusted EPS results and raised its FY25 adjusted EPS guidance [1][2] Financial Performance - The company reported quarterly earnings of $2.28 per share, surpassing the analyst consensus estimate of $2.03 per share [1] - Quarterly sales reached $2.61 billion, aligning with analyst expectations [1] Guidance Update - Westinghouse Air Brake raised its FY2025 adjusted EPS guidance from a range of $8.35-$8.75 to $8.35-$8.95 [2] Market Reaction - Following the earnings announcement, Westinghouse Air Brake shares increased by 1.8%, trading at $185.32 [2] Analyst Ratings and Price Targets - Susquehanna analyst Bascome Majors maintained a Positive rating but lowered the price target from $218 to $210 [7] - JP Morgan analyst Tami Zakaria maintained a Neutral rating and raised the price target from $175 to $194 [7] - Goldman Sachs analyst Jerry Revich also maintained a Neutral rating and increased the price target from $175 to $201 [7]