Wabtec falls after co tightens FY profit forecast

Westinghouse Air Brake Technologies

22/10/2025 14:57

** Shares of locomotive parts maker Wabtec WAB.N fall 3.5% to about $191.1 in morning trading

** Co tightens its FY profit forecast, including reducing the upper limit, as it navigates headwinds from U.S. tariffs

** Wabtec expects FY adj EPS to be in the range of $8.85 to $9.05, from $8.55 to $9.15 earlier

** However, co posts Q3 adj profit per share of $2.32, above estimates of $2.27

** Eight of 13 brokerages rate the stock "buy" or higher and five "hold"; their median PT is $228, according to data compiled by LSEG

** Including session's move, WAB up 0.8% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com;))