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WAB Westinghouse Air Brake Technologies News Story

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Westinghouse Air Brake Technologies Corp reports results for the quarter ended March 31 - Earnings Summary

Westinghouse Air Brake Technologies Corp WAB.N reported quarterly adjusted earnings of $2.28​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.89.  The mean expectation of eleven analysts for the quarter was for earnings of $2.03 per share. Wall Street expected results to range from $1.97  to $2.11 per share.

Revenue rose 4.5% to $2.61 billion from a year ago; analysts expected $2.61 billion.

Westinghouse Air Brake Technologies Corp's reported EPS for the quarter was $1.88​.

The company reported quarterly net income of $322 million.

Westinghouse Air Brake Technologies Corp shares had fallen by 5.3% this quarter and lost 9.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is also "buy"

Wall Street's median 12-month price target for Westinghouse Air Brake Technologies Corp is $218.00

This summary was machine generated from LSEG data April 23 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20252.032.28Beat
Dec. 31 20241.721.68Missed
Sep. 30 20241.902.00Beat
Jun. 30 20241.881.96Beat

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