Wabco Holdings, Inc. (WBC) Misses Q2 EPS by 4c; Trims FY15 EPS Outlook

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Go back to Wabco Holdings, Inc. (WBC) Misses Q2 EPS by 4c; Trims FY15 EPS Outlook

WABCO Reports Q2 2015 Results; Continues to Outperform Volatile and Currently Decreased Global Commercial Vehicle Market; Updates Guidance for 2015

July 24, 2015 6:30 AM EDT

BRUSSELS, BELGIUM -- (Marketwired) -- 07/24/15 --

-- Q2 2015 sales of $661.1 million, up 6.4 percent in local currencies and down 10.1 percent in U.S. dollars from a year ago -- Q2 2015 operating margin of 13.9 percent on a performance basis, up from 13.4 percent a year ago; operating margin of 12.2 percent on a U.S. GAAP basis versus 12.3 percent a year ago -- Q2 2015 diluted EPS of $1.40 on a performance basis versus $1.42 a year ago; diluted EPS of $1.12 on a U.S. GAAP basis versus $1.23 a year ago -- In Q2 2015, WABCO generated $78.5 million in net cash from operating activities and $56.1... More