Wabtec beats first quarter profit estimates; shares rise

Westinghouse Air Brake Technologies

22/04/2026 15:06

** Shares of Wabtec WAB.N rose 1.3% to $261.1 in early trading

** The locomotive parts maker's Q1 adjusted EPS grew to $2.71 while analysts on average estimated $2.51, per LSEG data

** Higher locomotive deliveries led to robust demand for equipment and digital tools - Wabtec

** Lifts 2026 adjusted EPS forecast to between $10.25-$10.65, the midpoint of which is slightly below average estimate of $10.46

** Quarterly revenue increased 13% from a year ago to $2.95 billion, slightly below consensus of $2.96 billion

** Including session moves, shares up 22.6% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))