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) today reported fourth quarter 2023 GAAP earnings per diluted share of $1.20, up 39.5% versus the fourth quarter of 2022. Adjusted earnings per diluted share were $1.54, up 18.5% versus the same quarter a year ago. Fourth quarter sales were $2.53 billion and cash from operations was $686 million. Full year 2023 GAAP earnings per diluted share was $4.53, up 30.9% versus full year 2022. Full year adjusted earnings per diluted share were $.

Wabtec Reports Strong Fourth Quarter 2023 Results; Issues 2024 Full-Year Guidance

Wabtec (WAB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Wabtec (WAB) Might Surprise This Earnings Season

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corp. (NYSE: WAB) and CSX Corp. (NASDAQ: CSX) signed a deal for over 200 locomotive modernizations featuring a suite of digital solutions, innovations, and services. The agreement will transform the remaining AC4400 locomotives in CSX's fleet providing improved fuel efficiency, reliability, utilization, and tractive effort. “This modernization order is part of our commitment to deliver excellence for our customers, shareholders, employees, and communities,” s.

Wabtec and CSX Extend Deal to Modernize over 200 Locomotives

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) won a major order to supply sustainable heating, ventilation, and air-conditioning (HVAC) units and efficient door systems for Norway-based Norske Tog's new regional trains. The new doors and Green Air HVAC systems provide the customer with improved cost savings, efficiency, sustainability, and an enhanced passenger experience. “This order builds on the momentum in the transit market for our technology solutions,” said Pascal Schweitze.

Wabtec Wins Major Door and HVAC Contract for Norske Tog's New Train Fleet

Beyond analysts' top -and-bottom-line estimates for Wabtec (WAB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Countdown to Wabtec (WAB) Q4 Earnings: Wall Street Forecasts for Key Metrics

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Does Westinghouse Air Brake Technologies (WAB) have what it takes to be a top stock pick for momentum investors? Let's find out.

Westinghouse Air Brake Technologies (WAB) is a Great Momentum Stock: Should You Buy?

Wabtec (WAB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Wabtec (WAB) is Poised to Beat Earnings Estimates Again

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PITTSBURGH--(BUSINESS WIRE)--Wabtec's (NYSE: WAB) Trip Optimizer surpassed a major milestone as railroads used the energy-management software to efficiently operate their trains for more than 1 billion auto miles, the equivalent of more than 40,000 trips around the Earth. The 12,000 locomotives worldwide using the Trip Optimizer system accounted for significant reductions in fuel consumption and emissions for the rail industry. "This billion-mile accomplishment is a tribute to our customers and.

Wabtec's Trip OptimizerTM Surpasses 1 Billion Miles Significantly Reducing the Rail Industry's Fuel Consumption and Emissions

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2023 fourth quarter results before the U.S. financial markets open on February 14, 2024. 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 avai.

Wabtec Announces Fourth Quarter 2023 Earnings Release Date

As the Transportation - Equipment and Leasing industry seeks to benefit from consistent shareholder-friendly initiatives, investing in stocks like WAB, GATX and TRN can be a prudent move.

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Wabtec (WAB) shares gain from a solid 2023 guidance.

Wabtec (WAB) Shares Rise 24.8% in the Past Year: Here's Why

Westinghouse Air Brake Technologies (WAB) Is Up 3.11% in One Week: What You Should Know

Westinghouse Air Brake Technologies is expected to continue its strong performance due to strong underlying demand and a robust backlog. New order wins in Kazakhstan will further boost the company's revenue in 2024. The valuation is reasonable.

Westinghouse Air Brake Technologies: Good Growth Prospects

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A top Big Cap 20 component, transportation systems equipment provider Wabtec is breaking out while trading just above a buy point.

Transit Equipment Maker Wabtec Is A Standout Among Big Cap Stocks

Wabtec (WAB) aims to produce telematics technology for rail cars. The product is likely to be ready in the first quarter of 2024.

Wabtec (WAB) Announces Entry Into Railcar Telematics Market

PITTSBURGH--(BUSINESS WIRE)--Wabtec (NYSE: WAB) announced today its entrance into the railcar telematics market via an agreement with Intermodal Telematics B.V. (“IMT”), a Dutch company, under which Wabtec will create a railcar telematics platform using IMT technology. Wabtec's new railcar telematics platform will deliver real-time information to railcar and tank container owners and operators, allowing them to turn rail cargo into smart, connected assets. Wabtec plans to begin offering this ra.

Wabtec Announces Railcar Telematics Platform

Wabtec (WAB) raises its 2023 sales view in the $9.50-$9.70 billion range (prior view: $9.25-$9.50 billion).

Wabtec (WAB) Touches 52-Week High: What's Driving the Stock?

PITTSBURGH--(BUSINESS WIRE)--Wabtec (NYSE: WAB) announced today that it received a score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The recognition comes as Wabtec makes significant year-over-year progress on all diversity, equity, and inclusion targets. “We are committed to advancing a diverse and inclusive workfor.

Wabtec Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

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Wabtec (WAB) raises its 2023 sales view in the range of $9.50-$9.70 billion (prior view: $9.25-$9.50 billion).

6 Reasons Why You Should Add Wabtec (WAB) to Your Portfolio

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Earnings season is a time when investors like to see a “beat and raise” pattern. That is, companies report sales and earnings that surprise the market by coming in ahead of analysts' estimates.

News for Westinghouse Air Brake Technologies Stock (WAB)