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.

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Wabtec reports robust Q4 earnings, eyes growth in modernizations and technology

Wabtec's Q4 2022 performance reflects strong sales growth, a solid backlog, and a focus on resilience and predictable earnings. The company faces challenges in the supply chain environment and uncertainties in projecting price contribution to growth. However, opportunities in new business ventures, technology investments, and margin expansion present a positive outlook for Wabtec's future.

WAB reports strong Q1 performance, eyes growth in automation

WAB's Q1 2023 performance was strong, with sales and earnings showing significant growth.
The company faces challenges in managing costs and margins, but opportunities exist in automation and new markets.
With a focus on growth in modernizations, new sales, and digital solutions, WAB aims for continued success.
Optimism in transit segment and strategic orders in emerging markets position WAB for future growth.

Wabtec reports robust Q2 sales growth and optimistic outlook

Wabtec's Q2 performance reflects strong sales growth, a focus on efficiency, and a positive outlook. Challenges include supply chain disruptions and backlog fluctuations. The company's emphasis on new locomotives, modernizations, and acquisitions signals a strategic approach to driving growth and profitability.

Wabtec reports strong Q3 earnings, eyes growth in Kazakhstan

Wabtec Corporation's Q3 2023 showcased robust financial performance, operational efficiency, and strategic initiatives driving growth and profitability amidst a challenging macro environment.
The company's strengths lie in backlog growth, strategic partnerships, diversified revenue streams, and operational improvements, positioning it well for sustained expansion and market leadership.
While facing challenges in delivery timing clarity and macroeconomic conditions, WAB has opportunities in market expansion, deal conversions, and sector momentum to drive future growth and success.

Wabtec reports robust Q4 earnings, eyes international growth opportunities

Wabtec's Q4 performance reflects a resilient business model with strong sales growth, margin expansion, and strategic initiatives. While facing challenges in North American demand, the company is poised for international growth and cost optimization. Opportunities lie in capital allocation strategies, portfolio optimization, and enhanced operational efficiency to drive profitability and sustainable growth.

Westinghouse Air Brake Technologies (WAB) excels in Q1 performance and embraces sustainable growth strategies

Westinghouse Air Brake Technologies (WAB) delivered a strong Q1 performance, showcasing revenue growth, margin strength, and a focus on sustainable initiatives. The company's strategic orders, cost-saving efforts, and long-term growth outlook position it well for future success amidst evolving market dynamics.

Wabtec excels in Q2, boosts guidance on strong growth prospects

Wabtec's Q2 performance reflects strong sales growth, improved profitability, and a positive outlook for the remainder of 2024.
The company's strategic focus on innovation, customer needs, and financial discipline underpins its growth trajectory and shareholder value creation.
Despite potential challenges, Wabtec's solid financial position, market opportunities, and operational efficiency bode well for sustained success.

Wabtec excels in Q3, raises guidance amid international opportunities

Wabtec's Q3 results reflect a solid performance with revenue growth, margin improvement, and operational efficiencies. With a strong balance sheet and increased guidance, the company is well-positioned for future growth and value creation.

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PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today a rail industry first as its FLXdrive battery-electric locomotive delivered more than an 11-percent average reduction in fuel consumption and greenhouse gas emissions for an entire train. It is the equivalent of over 6,200 gallons of diesel fuel saved and approximately 69 tons of CO2 emissions reduced. These outcomes are the result of a three-month pilot with BNSF Railway, the largest railroad in the U.S., where the FLX

Wabtec's All-Battery Locomotive, FLXdrive, Lowers Freight Train's Fuel Consumption by More Than 11 Percent in California Pilot

GATX

Trinity Industries

The market for freight railcars is showing signs of improvement but data for railcar orders, deliveries and backlogs still reflects current market softness. Railcar orders rose by 80% to 6,227 railcars in the first quarter of 2021 from the fourth quarter of 2020, although orders are still below pre-pandemic levels, according to the Railway Supply Institute (RSI).

Railcar lessors and rail manufacturers eye recovering market in 2021

Westinghouse Air Brake Technologies Corporation (WAB) Management on Q1 2021 Results - Earnings Call Transcript

Decline in net sales in the Freight segment hurts Wabtec's (WAB) Q1 results.

Wabtec (WAB) Beats on Q1 Earnings & Revenues, Decrease Y/Y

Shares of Westinghouse Air Brake (NYSE:WAB) decreased 0.0% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 8.25% year over year to $0.89, which beat the estimate of $0.86.

Westinghouse Air Brake: Q1 Earnings Insights

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported first quarter 2021 earnings per diluted share of $0.59 and adjusted earnings per diluted share of $0.89, versus earnings per diluted share of $0.58 and adjusted earnings per diluted share of $0.97 a year ago. Total sales were $1.8 billion and cash from operations was strong at $292 million. “Wabtec had a strong operational quarter,” said Rafael Santana, Wabtec's president and chief executive officer. “Our team continued

Wabtec Reports First Quarter 2021 Results; Updates 2021 Guidance

Wabtec's (WAB) Q1 performance is expected to have benefited from cost-management efforts amid softness in the Freight and Transit segments.

Will Cost-Control Efforts Boost Wabtec's (WAB) Q1 Earnings?

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) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2021 first quarter results before the U.S. financial markets open on April 29, 2021. 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. An audio replay of the call will be availabl

Wabtec Announces First Quarter 2021 Earnings Release Date

Wabtec's deal for Nordco looks like a relatively low-risk way to expand maintenance of way offerings, with added revenue synergy potential from taking Nordco's offerings worldwide.

Wabtec Makes Its Third-Largest Deal, And Rail Continues To Recover

Wabtec's (WAB) impending acquisition of Nordco is expected to increase the company's presence in the maintenance of way segment and strengthen its position in the growing railcar mover market.

Wabtec (WAB) to Acquire Nordco From Greenbriar for $400M

Pittsburgh-headquartered rail technology provider Wabtec (NYSE: WAB) is acquiring Nordco, which supplies new, rebuilt and used maintenance-of-way equipment. Nordco, which had belonged to parent company Greenbriar Equity Group, also offers mobile railcar movers and ultrasonic rail flaw detection technologies.

Wabtec acquires rail equipment manufacturer Nordco

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today it has signed a definitive agreement to acquire Nordco, a leading North American supplier of new, rebuilt and used maintenance of way equipment with a broad product and service portfolio including mobile railcar movers and ultrasonic rail flaw detection technologies, from Greenbriar Equity Group LP. Through the acquisition, Wabtec will expand its installed base and accelerate growth across Nordco's innovative product po

Wabtec to Acquire Nordco

Wabtec (WAB) reported earnings 30 days ago. What's next for the stock?

Wabtec (WAB) Up 5% Since Last Earnings Report: Can It Continue?

Can public and private interests work together to develop technological solutions that would enable a more sustainable freight transportation network? Rail technology provider Wabtec (NYSE: WAB) and others hope so.

Could battery-electric locomotives become mainstream?

Wabtec (NYSE: WAB) could develop more battery electric locomotives in the future as prospective buyers eye ways to improve fuel efficiency, executives of the rail technology provider said during the company's fourth-quarter earnings call on Thursday. BNSF (NYSE: BRK) is conducting advanced tests on what Wabtec calls “the world's first battery electric locomotive,” which the Pittsburgh-headquartered rail technology provider has dubbed FLXdrive.

Wabtec sees a future producing battery electric locomotives

Earnings and guidance came in a bit lower than Wall Street had expected.

Why Westinghouse Air Brake Shares Are Falling Today

Wabtec's (WAB) CEO Rafael Santana on Q4 2020 Results - Earnings Call Transcript

Wabtec's (WAB) Q4 results are hurt by weak revenues from freight equipment, components, digital electronics and transit aftermarket sales.

Wabtec (WAB) Q4 Earnings & Revenues Miss Estimates, Fall Y/Y

Shares of Westinghouse Air Brake (NYSE:WAB) moved higher by 0.3% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 5.77% year over year to $0.98, which missed the estimate of $1.03.

Recap: Westinghouse Air Brake Q4 Earnings

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported fourth quarter and full year 2020 results and issued financial guidance. “Wabtec delivered strong operational performance during a year of unprecedented global challenges,” said Rafael Santana, Wabtec's president and chief executive officer. “I am proud of how our team responded to the crisis in 2020. We quickly protected our teams, kept our operations delivering for customers, and focused on liquidity, cost management,

Wabtec Reports Fourth Quarter and Full-Year 2020 Results; Issues 2021 Financial Guidance

Low operating expenses are likely to get reflected in Wabtec's (WAB) fourth-quarter 2020 earnings. Meanwhile, tepid sales due to pandemic are likely to have put pressure on the top line.

Is a Beat In Store For Wabtec Corp (WAB) in Q4 Earnings?

Air Lease

Forward Air

Low fuel costs are likely to have cushioned the bottom-line performances of Forward Air (FWRD), Air Lease (AL) and Wabtec (WAB) in Q4 despite the continued pandemic woes.

3 Transportation Stocks Poised for an Earnings Beat in Q4

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) debuted on the Human Rights Campaign Foundation's 2021 Corporate Equality Index (CEI), the standard for measuring policies and practices that promote a LGBTQ-inclusive workplace. The addition to the CEI builds upon the company's commitment to foster a culture of diversity, inclusion and belonging as outlined in its 2020 Sustainability Report. “It is an honor to be ranked by this respected authority on LGBTQ workplace equality,” said Ni

Wabtec Debuts on Human Rights Campaign's 2021 Corporate Equality Index

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today that it secured an order from the Hyundai Rotem Company to supply several key components on train cars for Singapore Mass Rapid Transit's (MRT) new Jurong Region Line. The company will supply its advanced Metroflexx brake systems, passenger access doors, and air conditioning systems for 62 new, automated three-car trains. “The Jurong Region Line is a critical project for expanding and enhancing Singapore MRT's service,”

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