Westinghouse Air Brake Technologies

Westinghouse Air Brake Technologies Corp. engages in the provision of equipment, systems, and value-added services for the rail industry. It operates through the Freight and Transit segments. The Freight segment builds new locomotives, manufactures and services components for new and existing freight cars and locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, and signal design and engineering services, and provides related heat exchange and cooling systems. The Transit segment manufactures and services components for new and existing passenger transit vehicles, including regional trains, high speed trains, subway cars, light-rail vehicles, and buses, builds new commuter locomotives, refurbishes subway cars, and provides heating, ventilation, air conditioning equipment, and doors for buses and subway cars. The company was founded in 1869 and is headquartered in Pittsburgh, PA.

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Earnings data Q4 2024

Wabtec reports robust Q4 earnings, eyes growth in modernizations and technology

Wabtec's Q4 2022 performance reflects strong sales growth, a solid backlog, and a focus on resilience and predictable earnings. The company faces challenges in the supply chain environment and uncertainties in projecting price contribution to growth. However, opportunities in new business ventures, technology investments, and margin expansion present a positive outlook for Wabtec's future.

WAB reports strong Q1 performance, eyes growth in automation

WAB's Q1 2023 performance was strong, with sales and earnings showing significant growth.
The company faces challenges in managing costs and margins, but opportunities exist in automation and new markets.
With a focus on growth in modernizations, new sales, and digital solutions, WAB aims for continued success.
Optimism in transit segment and strategic orders in emerging markets position WAB for future growth.

Wabtec reports robust Q2 sales growth and optimistic outlook

Wabtec's Q2 performance reflects strong sales growth, a focus on efficiency, and a positive outlook. Challenges include supply chain disruptions and backlog fluctuations. The company's emphasis on new locomotives, modernizations, and acquisitions signals a strategic approach to driving growth and profitability.

Wabtec reports strong Q3 earnings, eyes growth in Kazakhstan

Wabtec Corporation's Q3 2023 showcased robust financial performance, operational efficiency, and strategic initiatives driving growth and profitability amidst a challenging macro environment.
The company's strengths lie in backlog growth, strategic partnerships, diversified revenue streams, and operational improvements, positioning it well for sustained expansion and market leadership.
While facing challenges in delivery timing clarity and macroeconomic conditions, WAB has opportunities in market expansion, deal conversions, and sector momentum to drive future growth and success.

Wabtec reports robust Q4 earnings, eyes international growth opportunities

Wabtec's Q4 performance reflects a resilient business model with strong sales growth, margin expansion, and strategic initiatives. While facing challenges in North American demand, the company is poised for international growth and cost optimization. Opportunities lie in capital allocation strategies, portfolio optimization, and enhanced operational efficiency to drive profitability and sustainable growth.

Westinghouse Air Brake Technologies (WAB) excels in Q1 performance and embraces sustainable growth strategies

Westinghouse Air Brake Technologies (WAB) delivered a strong Q1 performance, showcasing revenue growth, margin strength, and a focus on sustainable initiatives. The company's strategic orders, cost-saving efforts, and long-term growth outlook position it well for future success amidst evolving market dynamics.

Wabtec excels in Q2, boosts guidance on strong growth prospects

Wabtec's Q2 performance reflects strong sales growth, improved profitability, and a positive outlook for the remainder of 2024.
The company's strategic focus on innovation, customer needs, and financial discipline underpins its growth trajectory and shareholder value creation.
Despite potential challenges, Wabtec's solid financial position, market opportunities, and operational efficiency bode well for sustained success.

Wabtec excels in Q3, raises guidance amid international opportunities

Wabtec's Q3 results reflect a solid performance with revenue growth, margin improvement, and operational efficiencies. With a strong balance sheet and increased guidance, the company is well-positioned for future growth and value creation.

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Westinghouse Air Brake Technologies (WAB) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.28 per share a year ago.

Westinghouse Air Brake Technologies (WAB) Beats Q1 Earnings and Revenue Estimates

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported first quarter 2024 GAAP earnings per diluted share of $1.53, up 64.5% versus the first quarter of 2023. Adjusted earnings per diluted share were $1.89, up 47.7% versus the same quarter a year ago. First quarter sales were $2.50 billion and cash from operations was $334 million. “The Wabtec team delivered a strong start to 2024, continuing the momentum experienced in 2023. This was evidenced by higher sales, margin expans.

Wabtec Delivers First Quarter 2024 Results; Raises Full-Year Guidance

Get a deeper insight into the potential performance of Wabtec (WAB) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Stay Ahead of the Game With Wabtec (WAB) Q1 Earnings: Wall Street's Insights on Key Metrics

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today a digital solutions agreement with Australian Rail Track Corporation (ARTC). The two companies will collaborate on developing one of the few approaches being considered to address interoperability of rail systems in Australia. The company will investigate the capabilities of ARTC's Advanced Train Management System (ATMS) solution. Wabtec will develop the interoperability standard between ATMS and European Rail Traffic M.

Wabtec Secures Systems and Software Deal with ARTC to Support the Interoperability of Australia's National Rail Network

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Why Westinghouse Air Brake Technologies (WAB) is a Top Growth Stock for the Long-Term

While consistent shareholder-friendly moves raise optimism about the Wabtec (WAB) stock, high costs are likely to weigh on its bottom line.

Here's Why Investors Should Hold Wabtec (WAB) Stock Now

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2024 first quarter results before the U.S. financial markets open on April 24, 2024. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec's website at www.WabtecCorp.com and click on “Events & Presentations” in the “Investor Relations” section. An audio replay of the call will be availabl.

Wabtec Announces First Quarter 2024 Earnings Release Date

Wabtec (WAB) reported earnings 30 days ago. What's next for the stock?

Why Is Wabtec (WAB) Up 5.1% Since Last Earnings Report?

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today the appointment of Kyra Yates as Vice President of Investor Relations effective March 18, 2023. In this role, Yates will be responsible for communicating Wabtec's vision, strategy, financial performance, and future expectations to our shareholders and the financial community. She will succeed Kristine Kubacki, who has held the role since 2019. “Kyra is a well-respected leader with a deep understanding of the company's f.

Wabtec Appoints Kyra Yates as Vice President of Investor Relations

Wabtec's shares have reached new highs, driven by revenue and earnings growth.

Wabtec: Railing Along To Fresh Highs

PITTSBURGH--(BUSINESS WIRE)--Wabtec (NYSE: WAB) launched today its Shuttlewagon Commander NXT, the next generation of railcar movers. The NXT series will provide the railcar moving industry improved performance, reliability, and efficiency. “The Commander NXT was designed with the customer in mind and represents the future in railcar mobilization,” said Raj Gupta, President and CEO – Maintenance of Way, Wabtec. “Packed with a narrower frame and an advanced rail wheel stability system, the NXT a.

Wabtec Launches the Next-Generation Railcar Mover – the Commander NXT

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced that it has priced a public offering of $500 million aggregate principal amount of 5.611% Senior Notes due 2034 (the “Notes”). The Notes will be guaranteed by each of Wabtec's current and future subsidiaries that guarantee its indebtedness under its credit agreements or any other debt of Wabtec or any other guarantor. The Notes will pay interest semi-annually in arrears. The Notes will mature on March 11, 203.

Wabtec Announces Pricing of Senior Notes Offering

RIO DE JANEIRO & PITTSBURGH--(BUSINESS WIRE)--MRS Logística (MRSA-MB) and Wabtec Corporation (NYSE: WAB) announced an agreement for 30 new Evolution Series locomotives. The deal is valued at around R$500 million with the first deliveries scheduled for 2024. The purchase is part of MRS's railway fleet renewal strategy and reinforces the almost 30-year relationship between the two companies. According to Guilherme Segalla de Mello, president of MRS Logística, the fleet renewal is crucial for the.

MRS Orders 30 Wabtec Evolution Series Locomotives

While shareholder-friendly measures adopted by Wabtec (WAB) look encouraging, high operating expenses hurt Wabtec's fourth-quarter 2023 results.

Segmental Strength and Dividend Aid Wabtec (WAB), Costs Ail

Wabtec's (WAB) Q4 revenues increase 9.5% year over year.

Wabtec (WAB) Q4 Earnings Lag, Revenues Beat, Dividend Up

Westinghouse Air Brake Technologies Corporation (WAB) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Wabtec (WAB) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Wabtec (WAB) Q4 Earnings: A Look at Key Metrics

Westinghouse Air Brake Technologies (WAB) came out with quarterly earnings of $1.54 per share, missing the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.30 per share a year ago.

Westinghouse Air Brake Technologies (WAB) Q4 Earnings Miss Estimates

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported fourth quarter 2023 GAAP earnings per diluted share of $1.20, up 39.5% versus the fourth quarter of 2022. Adjusted earnings per diluted share were $1.54, up 18.5% versus the same quarter a year ago. Fourth quarter sales were $2.53 billion and cash from operations was $686 million. Full year 2023 GAAP earnings per diluted share was $4.53, up 30.9% versus full year 2022. Full year adjusted earnings per diluted share were $.

Wabtec Reports Strong Fourth Quarter 2023 Results; Issues 2024 Full-Year Guidance

Wabtec (WAB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Wabtec (WAB) Might Surprise This Earnings Season

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corp. (NYSE: WAB) and CSX Corp. (NASDAQ: CSX) signed a deal for over 200 locomotive modernizations featuring a suite of digital solutions, innovations, and services. The agreement will transform the remaining AC4400 locomotives in CSX's fleet providing improved fuel efficiency, reliability, utilization, and tractive effort. “This modernization order is part of our commitment to deliver excellence for our customers, shareholders, employees, and communities,” s.

Wabtec and CSX Extend Deal to Modernize over 200 Locomotives

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) won a major order to supply sustainable heating, ventilation, and air-conditioning (HVAC) units and efficient door systems for Norway-based Norske Tog's new regional trains. The new doors and Green Air HVAC systems provide the customer with improved cost savings, efficiency, sustainability, and an enhanced passenger experience. “This order builds on the momentum in the transit market for our technology solutions,” said Pascal Schweitze.

Wabtec Wins Major Door and HVAC Contract for Norske Tog's New Train Fleet

Beyond analysts' top -and-bottom-line estimates for Wabtec (WAB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Countdown to Wabtec (WAB) Q4 Earnings: Wall Street Forecasts for Key Metrics

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Does Westinghouse Air Brake Technologies (WAB) have what it takes to be a top stock pick for momentum investors? Let's find out.

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