WABCO Reports Q2 2016 Results; Generates Strong Growth While Continuing to Outperform Global Commercial Vehicle Market; Upgrades Guidance for 2016

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Go back to WABCO Reports Q2 2016 Results; Generates Strong Growth While Continuing to Outperform Global Commercial Vehicle Market; Upgrades Guidance for 2016

Piper Jaffray Raises Price Target on Wabco Holdings (WBC) Following Beat and Raise

July 21, 2016 10:39 AM EDT

Piper Jaffray reiterated a Neutral rating on WABCO Holdings (NYSE: WBC), and raised the price target to $96.00 (from $94.00), following the company's 2Q earnings report. WBC reported revenue of 732.2M, beating the consensus of $708.0M. EPS of $1.43 also exceeded the Street estimates of $1.40. Management raised... More

Wabco Holdings (WBC) Tops Q2 EPS by 3c; Raises Outlook

July 20, 2016 6:32 AM EDT

Wabco Holdings (NYSE: WBC) reported Q2 EPS of $1.43, $0.03 better than the analyst estimate of $1.40. Revenue for the quarter came in at $732.2 million versus the consensus estimate of $706.6 million.

GUIDANCE:

Wabco Holdings sees FY2016 EPS of $5.60-$5.90, versus prior guidance of... More