Published on 24 Apr 2024 on Zacks via Yahoo Finance
Wabtec (WAB) Q1 Earnings & Revenues Beat, 2024 EPS View Up
Wabtec Corporation WAB reported first-quarter 2024 earnings (excluding 36 cents from non-recurring items) of $1.89 per share, which surpassed the Zacks Consensus Estimate of $1.49. The bottom line improved 47.66% year over year owing to higher sales.
Revenues of $2.50 billion surpassed the Zacks Consensus Estimate of $2.35 billion. The top line grew 13.81% year over year due to higher sales of the Freight and Transit segments.