Wabco Holdings (WBC) Tops Q4 EPS by 8c, Offers Guidance

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WABCO's Sales Growth in 2015 Strongly Outperforms Volatile and Prolonged Depressed Global Commercial Vehicle Market; Sets Record for Full Year Performance Earnings; Provides Guidance for 2016

February 11, 2016 6:30 AM EST

BRUSSELS, BELGIUM -- (Marketwired) -- 02/11/16 --

-- Q4 2015 sales of $670.6 million, up 10.5 percent in local currencies and down 1.3 percent in U.S. dollars from a year ago -- Full year 2015 sales of $2,627.5 million, up 6.6 percent in local currencies and down 7.8 percent in U.S. dollars from a year ago -- On a performance basis, Q4 2015 operating margin of 13.1 percent, up from 13.0 percent a year ago; Q4 2015 diluted EPS of $1.43, up from $1.38 a year ago -- On a U.S. GAAP basis, Q4 2015 operating margin of 11.2 percent, up from 10.1 percent a year ago; Q4 2015 diluted EPS of $1.71, up from... More