Westinghouse Air Brake Technologies
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Westinghouse Air Brake Technologies (WAB) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-23 12:40
Core Insights - Westinghouse Air Brake Technologies (WAB) reported quarterly earnings of $2.28 per share, exceeding the Zacks Consensus Estimate of $2.01 per share, and up from $1.89 per share a year ago [1] - The company achieved a revenue of $2.61 billion for the quarter, surpassing the Zacks Consensus Estimate by 0.50% and showing an increase from $2.5 billion year-over-year [3] Earnings Performance - The earnings surprise for the quarter was 13.43%, with the company having surpassed consensus EPS estimates three times in the last four quarters [2] - The previous quarter's earnings were $1.68 per share, which was below the expected $1.73, resulting in a surprise of -2.89% [2] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.14, with expected revenues of $2.76 billion, and for the current fiscal year, the EPS estimate is $8.27 on revenues of $10.84 billion [8] - The estimate revisions trend for Wabtec is currently favorable, leading to a Zacks Rank 2 (Buy), indicating expected outperformance in the near future [7] Industry Context - Wabtec operates within the Zacks Transportation - Equipment and Leasing industry, which is currently ranked in the bottom 17% of over 250 Zacks industries [9] - The performance of Wabtec's stock may be influenced by the overall outlook of the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [9]
Westinghouse Air Brake Technologies(WAB) - 2025 Q1 - Quarterly Results
2025-04-23 11:13
Exhibit 99.1 Wabtec Reports First Quarter 2025 Results; Announces Increase in Full-Year EPS Guidance | | 1Q 2025 | | | --- | --- | --- | | SALES | GAAP DILUTED EARNINGS PER SHARE | ADJUSTED DILUTED EARNINGS PER SHARE | | $2.61B | $1.88 | $2.28 | | +4.5% YOY | +22.9% YOY | +20.6% YOY | Q1 2025 HIGHLIGHTS "The Wabtec team has started the year strong, delivering over 20% in earnings per share growth and highlighting the continued business momentum across both the Freight and Transit segments," said Rafael Sant ...
Wabtec (WAB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-23 14:35
Westinghouse Air Brake Technologies (WAB) reported $2.66 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 4.4%. EPS of $2.00 for the same period compares to $1.70 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.64 billion, representing a surprise of +0.75%. The company delivered an EPS surprise of +6.95%, with the consensus EPS estimate being $1.87.While investors closely watch year-over-year changes in headline numbers -- reve ...
Wabtec Rises 29.9% YTD: More Upside Ahead for the Stock?
ZACKS· 2024-08-28 16:46
Westinghouse Air Brake Technologies Corporation (WAB) ,or Wabtec, shares have rallied 29.9% on a yearto-date basis compared with the industry's 5.9% decline. The S&P 500 composite index rose 17.9% in the same time frame, while the Zacks Transportation sector gained 1.8%. The U.S.-based company currently has a market capitalization of $28.95 billion. Wabtec, presently sporting a Zacks Rank #1 (Strong Buy), boasts an impressive track record of beating estimates in each of the trailing four quarters, the avera ...