07:55 AM EDT, 04/24/2024 (MT Newswires) -- Westinghouse Air Brake Technologies ( WAB ) reported Q1 adjusted earnings Wednesday of $1.89 per diluted share, up from $1.28 a year earlier.

Analysts polled by Capital IQ expected $1.48.

Net sales for the quarter ended March 31 were $2.5 billion, up from $2.19 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.4 billion.

For full year 2024, the company said it now expects adjusted diluted EPS of $7.00 to $7.40, raising its prior outlook of $6.50 to $6.90. Sales are now expected to be from $10.25 billion to $10.55 billion, also raising the previous guidance of $10.05 billion to $10.35 billion.

Analysts surveyed by Capital IQ are expecting adjusted EPS of $6.78 on revenue of $10.2 billion.

Shares of the company were up 4.4% in recent Wednesday premarket activity.

Price: 155.00, Change: +6.52, Percent Change: +4.39