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.

Earnings data Q2 2023

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Solid liquidity and higher Freight revenues aid Wabtec (WAB).

Here's Why You Should Hold Wabtec (WAB) Stock in Portfolio Now

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 17 cents per share, payable on June 9, 2023 to holders of record on May 30, 2023. About Wabtec Wabtec Corporation (NYSE: WAB) is revolutionizing the way the world moves for future generations. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as.

Wabtec Declares Regular Quarterly Common Dividend

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Westinghouse Air Brake Technologies Corporation. (WAB) Q1 2023 - Earnings Call Transcript.

Westinghouse Air Brake Technologies Corporation. (WAB) Q1 2023 - Earnings Call Transcript

Wabtec (WAB) first-quarter 2023 earnings benefit from higher sales.

Wabtec (WAB) Tops on Q1 Earnings & Revenues, Retains View

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

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

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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.

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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.

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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.

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