Wabco Holdings (WBC) Tops Q3 EPS by 1c, Lowers FY15 EPS Guidance
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WABCO Reports Q3 2015 Results; Sustains Its Outperformance of a Highly Volatile and Continuing Decreased Global Commercial Vehicle Market; Updates Guidance for 2015
October 22, 2015 6:30 AM EDTBRUSSELS, BELGIUM -- (Marketwired) -- 10/22/15 --
-- Q3 2015 sales of $643.6 million, up 6.0 percent in local currencies and down 9.0 percent in U.S. dollars from a year ago -- On a performance basis, Q3 2015 operating margin of 12.7 percent versus 13.4 percent a year ago; Q3 2015 diluted EPS of $1.39 versus $1.44 a year ago -- On a U.S. GAAP basis, Q3 2015 operating margin of 4.6 percent versus 12.4 percent a year ago; Q3 2015 diluted EPS of $0.67 versus $1.37 a year ago, due to charges taken in Q3 2015 mostly associated with WABCO's previously disclosed proposals to cease manufacturing operations at two production facilities in Western... More