Westinghouse Air Brake Technologies Corp reports results for the quarter ended in March

Reuters

Westinghouse Air Brake Technologies Corp reports results for the quarter ended in March - Earnings Summary

2024 4월 24, 오후 1:32 GMT

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Westinghouse Air Brake Technologies Corp WAB.N reported quarterly adjusted earnings of $1.89 per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $1.28. The mean expectation of eleven analysts for the quarter was for earnings of $1.49 per share. Wall Street expected results to range from $1.39 to $1.56 per share.
Revenue rose 13.8% to $2.50 billion from a year ago; analysts expected $2.40 billion.
Westinghouse Air Brake Technologies Corp's reported EPS for the quarter was $1.53.
The company reported quarterly net income of $272 million.
Westinghouse Air Brake Technologies Corp shares had risen by 1.9% this quarter and gained 17.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the heavy machinery & vehicles peer group is also "buy"

Wall Street's median 12-month price target for Westinghouse Air Brake Technologies Corp is $155.50

This summary was machine generated from LSEG data April 24 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING	ESTIMATE	ACTUAL	BEAT, MET, MISSED
Mar. 31 2024	1.49	1.89	Beat
Dec. 31 2023	1.58	1.54	Missed
Sep. 30 2023	1.46	1.70	Beat
Jun. 30 2023	1.33	1.41	Beat

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Westinghouse Air Brake Technologies Corp reports results for the quarter ended in March - Earnings Summary

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