Longbow Research Downgrades Wabtec (WAB) to Neutral

Go back to Longbow Research Downgrades Wabtec (WAB) to Neutral

Wabtec (WAB) Misses Q3 EPS by 5c; Cuts FY16 Outlook

October 25, 2016 8:02 AM EDT

Wabtec (NYSE: WAB) reported Q3 EPS of $0.94, $0.05 worse than the analyst estimate of $0.99. Revenue for the quarter came in at $676 million versus the consensus estimate of $720.85 million.

GUIDANCE:

Wabtec sees FY2016 EPS of $4.00-$4.04, versus the consensus of $4.13.... More