WABCO Holdings (WBC) Tops Q2 EPS by 14c; Boosts FY11 EPS Outlook Above Street

July 28, 2011 6:33 AM EDT
WABCO Holdings (NYSE: WBC) reported Q2 EPS of $1.23, $0.14 better than the analyst estimate of $1.09. Revenue for the quarter came in at $738 million versus the consensus estimate of $684.28 million.

WABCO Holdings sees FY2011 EPS of $4.55-$4.80, versus prior guidance of $4.15-$4.55 and the consensus of $4.51.

WABCO now expects an estimated increase in 2011 sales that ranges from 22 to 25 percent in local currencies, up from 20 to 25 percent in its previous guidance.


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