Core Insights - Alstom plans to recruit nearly 120 new manufacturing employees at its Plattsburgh, New York facility to meet increased demand for rail cars, specifically for a contract to produce 374 commuter rail cars for NJ Transit [1][2] Group 1: Workforce Expansion - The recruitment will focus on individuals with skills in assembly, crane operations, welding, and industrial painting [1] - Currently, the Plattsburgh plant employs about 350 people, contributing to Alstom's global workforce of over 86,000 [2] Group 2: Production History and Contracts - Alstom has been operating in the Adirondack region since 1995, producing 4,000 cars for the New York City subway and over 1,000 for the San Francisco Bay Area Rapid Transit [3] - The company recently began producing ten additional trains for Transport for London's Elizabeth line at its facility in Derby, UK [3] - A £220.5 million ($293.9 million) contract for new Class 345 Aventra electric multiple units involves nearly 40 British companies and supports over 1,000 jobs [4]

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]