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Westinghouse Air Brake Technologies' Q3 Adjusted Earnings, Net Sales Rise; 2024 EPS Guidance Lifted
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Westinghouse Air Brake Technologies' Q3 Adjusted Earnings, Net Sales Rise; 2024 EPS Guidance Lifted
Oct 23, 2024 4:16 AM

06:53 AM EDT, 10/23/2024 (MT Newswires) -- Westinghouse Air Brake Technologies ( WAB ) reported Q3 adjusted earnings Wednesday of $2 per diluted share, up from $1.70 a year earlier.

Analysts polled by Capital IQ expected $1.88.

Net sales for the quarter ended Sept. 30 were $2.66 billion, up from $2.55 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.68 billion.

The company now expects 2024 adjusted EPS of $7.45 to $7.65, compared with its prior guidance of $7.20 to $7.50. Analysts polled by Capital IQ expect $7.49.

Wabtec maintained its 2024 revenue guidance at $10.25 billion to $10.55 billion. Analysts surveyed by Capital IQ expect $10.43 billion.

Price: 190.30, Change: +0.59, Percent Change: +0.31

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