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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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 $1.28 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.13 per share a year ago.

Westinghouse Air Brake Technologies (WAB) Q1 Earnings and Revenues Surpass Estimates

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported first quarter 2023 GAAP earnings per diluted share of $0.93, up 16.3% versus the first quarter of 2022. Adjusted earnings per diluted share were $1.28, up 13.3% versus the same quarter a year ago. First quarter sales were $2.19 billion driven by strong sales across the portfolio. “The Wabtec team delivered a strong start to 2023 demonstrating continued momentum across both our Freight and Transit segments supporting a do.

Wabtec Reports Strong First Quarter 2023 Results

Solid revenues from the Freight segment as well as low debt aid Wabtec (WAB). However, high operating expenses are worrisome.

Here's Why You Should Retain Wabtec (WAB) in Your Portfolio

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2023 first quarter results before the U.S. financial markets open on April 26, 2023. 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.

Wabtec Announces First Quarter 2023 Earnings Release Date

A recession can impact the company's revenue and margins. The dividend yield is too low.

Wabtec: No Upside And Low Dividend

Transport stocks have wavered in recent months amid renewed economic jitters. Wabtec boasts robust earnings growth, with consistency, over the coming years.

Wabtec: Premium Valuation Warranted, Shares Bounce Off Support

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While rising economic uncertainty has dampened the Zacks Transportation - Equipment and Leasing industry's prospects' players like WAB, R and GATX are well equipped to tide over the headwinds.

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PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today leadership moves aimed at accelerating the long-term growth strategy in the Services and Transit businesses, as well as the company's overall sustainability, and business development initiatives. “Wabtec is well positioned to drive profitable growth by delivering continued innovation to our customers and the world,” said Rafael Santana, Wabtec's President and CEO.

Wabtec Announces Senior Leadership Moves in Support of Continued Growth

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) released today its 2022 Sustainability Report highlighting the company's progress on key environmental, social, and governance (ESG) commitments. The company is focused on creating a sustainable future through innovative technologies, responsible operations, and empowering people and communities.

Wabtec's 2022 Sustainability Report Highlights Progress on Key Initiatives

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Wabtec (WAB) fourth-quarter 2022 earnings and revenues increase year over year.

Wabtec (WAB) Q4 Earnings Match Estimates, Revenues Beat

Westinghouse Air Brake Technologies Corporation (NYSE:WAB ) Q4 2022 Earnings Conference Call February 15, 2023 8:30 AM ET Company Participants Kristine Kubacki - VP, IR Rafael Santana - President & CEO John Olin - EVP and CFO John Mastalerz - VP, Finance Conference Call Participants Allison Poliniak-Cusic - Wells Fargo Justin Long - Stephens Inc. Scott Group - Wolfe Research Unidentified Analyst - Citigroup Saree Boroditsky - Jefferies Jerry Revich - Goldman Sachs Kenneth Hoexter - Bank of America Securities Matthew Elkott - Cowen and Company Dillon Cumming - Morgan Stanley Steve Barger - KeyBanc Capital Markets Operator Good day and welcome, to the Wabtec's Fourth Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Westinghouse Air Brake Technologies (WAB) Q4 2022 Earnings Call Transcript

Wabtec (WAB) delivered earnings and revenue surprises of 0% and 3.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Westinghouse Air Brake Technologies (WAB) Q4 Earnings Match Estimates

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported fourth quarter 2022 GAAP earnings per diluted share of $0.86, down 15.7% versus the fourth quarter of 2021. Adjusted earnings per diluted share were $1.30, up 10.2% versus the same quarter a year ago. Fourth quarter sales were $2.31 billion and cash from operations was $410 million.

Wabtec Reports Strong Fourth Quarter 2022 Results

Wabtec WAB, -0.19% , or Westinghouse Air Brake Technologies Corp., said Tuesday it raised its quarterly dividend by 13%, to 17 cents a share from 15 cents. Shareholders of record on Feb. 24 will be paid the new dividend on March 10.

Wabtec boosts dividend by 13%, share repurchase program to $750 million

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Wabtec (WAB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Westinghouse Air Brake Technologies (WAB) Reports Next Week: Wall Street Expects Earnings Growth

High fuel costs are likely to have affected Wabtec's (WAB) bottom-line performance in fourth-quarter 2022.

Is a Beat in the Cards for Wabtec (WAB) in Q4 Earnings?

Rail technology provider Wabtec (NYSE: WAB) and scientists with the U.S. Department of Energy's Oak Ridge National Laboratory and the Argonne National Laboratory are working together to develop a hybrid locomotive engine that can run on both hydrogen and diesel.  The project, which has been underway since November, will run for four years and consist of two phases.

National labs, Wabtec partner to develop next-gen locomotive engine

Wabtec (WAB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Wabtec (WAB) Could Beat Earnings Estimates Again

PITTSBURGH--( BUSINESS WIRE )--Wabtec Corporation (NYSE: WAB) announced it will report 2022 fourth quarter results before the U.S. financial markets open on February 15, 2023. 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 available by calling 1-877-344-7529 or 1-412-317-0088 (access code: 9828578).

Wabtec Announces Fourth Quarter 2022 Earnings Release Date

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A number of Class I railroads have recently earned recognition for efforts to follow guidelines promoting environmental, social and governance (ESG) values. Rail technology provider Wabtec also received accolades for its battery-electric locomotives.

Class I railroads earn environmental accolades

PITTSBURGH--( BUSINESS WIRE )--Wabtec Corporation's (NYSE: WAB) DistanceMaster solution took a major step toward improving braking performance for transit rail operators with the certification of the company's adaptive wheel slide protection (WSP) technology. The solution addresses the wheel and rail adhesion bottleneck enabling transit systems to improve efficiency and increase network capacity.

Wabtec's Innovative Adaptive Wheel Slide Protection Solution Gains Certification

The Super Metal buyout deal is the latest addition to Wabtec's (WAB) growth-by-acquisition strategy.

Wabtec (WAB) to Take Over Super Metal for Global Expansion

PITTSBURGH--( BUSINESS WIRE )--Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced today a definitive agreement to acquire Super Metal, a supplier of automated vehicles and equipment solutions that support rail operations. Super Metal is one of the leading Brazilian companies in the maintenance of way segment in the rail industry. This acquisition complements our Nordco acquisition and accelerates our strategy to expand into international markets. The financial terms of the acquisition were not disclosed.

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