Compared to Estimates, Wabtec (WAB) Q2 Earnings: A Look at Key Metrics

Core Insights - Westinghouse Air Brake Technologies (WAB) reported revenue of $2.71 billion for the quarter ended June 2025, reflecting a year-over-year increase of 2.3% [1] - The earnings per share (EPS) for the quarter was $2.27, up from $1.96 in the same quarter last year, indicating a positive trend in profitability [1] - The reported revenue was below the Zacks Consensus Estimate of $2.77 billion by 2.38%, while the EPS exceeded the consensus estimate of $2.18 by 4.13% [1] Financial Performance Metrics - WAB's backlog totaled $21.83 billion, slightly below the two-analyst average estimate of $22.34 billion [4] - The backlog for the Transit Group was $4.69 billion, surpassing the average estimate of $4.42 billion [4] - The backlog for the Freight Group was $17.14 billion, which was lower than the average estimate of $17.92 billion [4] Segment Performance - Sales to external customers in the Transit Segment reached $787 million, exceeding the four-analyst average estimate of $762.91 million, representing a year-over-year increase of 8.7% [4] - Sales to external customers in the Freight Segment were $1.92 billion, falling short of the estimated $2.01 billion, reflecting a slight decline of 0.1% compared to the previous year [4] - Adjusted income from operations in the Freight Segment was $480 million, compared to the average estimate of $487.43 million, while the Transit Segment reported an adjusted income of $120 million, exceeding the estimate of $104.42 million [4] Stock Performance - WAB's shares have returned +5.2% over the past month, slightly underperforming the Zacks S&P 500 composite's +5.7% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3]