Wabtec rises after forecasting annual profit above estimates

Westinghouse Air Brake Technologies

11/02/2026 15:03

** Shares of locomotive parts maker Wabtec WAB.N rise 2.7% to $255

** Co forecasts 2026 profit above Wall Street estimates, as higher locomotive deliveries drive strong demand for its products

** Expects 2026 adj. profit per share between $10.05 and $10.45, the midpoint of which is above analysts' estimates of $10.23 - LSEG data

** Sees FY26 sales at $12.19 billion to $12.49 billion, the midpoint of which is above estimates of $11.98 billion

** Reports Q4 adj. profit per share of $2.1 vs. estimates of $2.08

** WAB rose 12.6% in 2025

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))