How Is Westinghouse Air Brake Technologies' Stock Performance Compared to Other Industrial Stocks?

Core Insights - Westinghouse Air Brake Technologies Corporation (WAB) is a leading provider of technology-based solutions for the freight rail and passenger transit industries, with a market capitalization of $32.3 billion [1][2] - The company has over 150 years of expertise in rail technology and is recognized for its diverse product portfolio and global reach, contributing to the industry's shift towards cleaner and smarter transportation [2] Financial Performance - WAB's shares have decreased by 12.6% from their 52-week high of $216.10, reached on July 8, and have declined 7.4% over the past three months, underperforming the Industrial Select Sector SPDR Fund's (XLI) 6.6% return [3][4] - Year-to-date, WAB shares are down slightly, lagging behind XLI's 15.4% increase, while over the past 52 weeks, WAB has gained 12.6%, compared to XLI's 16.5% rise [4] - Following a mixed Q2 earnings report, WAB shares fell 6.4% on July 24; the adjusted EPS of $2.27 grew 15.8% year-over-year, exceeding consensus estimates, but revenue increased only 2.3% to $2.7 billion, missing analyst expectations by 2.2% [5]