Wabco Holdings (WBC) Misses Q1 EPS by 2c; Cuts FY15 Outlook

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Go back to Wabco Holdings (WBC) Misses Q1 EPS by 2c; Cuts FY15 Outlook

WABCO Reports Q1 2015 Results; Continues to Outperform Volatile and Decreased Global Commercial Vehicle Market; Updates Guidance for 2015

April 23, 2015 7:01 AM EDT

BRUSSELS, BELGIUM -- (Marketwired) -- 04/23/15 -- WABCO Holdings Inc. (NYSE: WBC) -

-- Q1 2015 sales of $652.2 million, up 3.8 percent in local currencies and down 10.6 percent in U.S. dollars from a year ago -- Q1 2015 operating margin of 14.3 percent on a performance basis, up from 12.3 percent a year ago; operating margin of 13.1 percent on a U.S. GAAP basis, up from 11.5 percent a year ago -- Q1 2015 diluted EPS of $1.41 on a performance basis, up from $1.28 a year ago; diluted EPS of $1.22 on a U.S. GAAP basis, up from $1.12 a year... More