Wabtec (WAB) Misses Q3 EPS by 5c; Cuts FY16 Outlook

Wabtec (NYSE: WAB) reported Q3 EPS of $0.94, $0.05 worse than the analyst estimate of $0.99. Revenue for the quarter came in at $676 million versus the consensus estimate of $720.85 million.

GUIDANCE:

Wabtec sees FY2016 EPS of $4.00-$4.04, versus the consensus of $4.13. Revenues are now expected to be down about 12 percent compared to 2015.

For earnings history and earnings-related data on Wabtec (WAB) click here.

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