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WABCO Holdings (WBC) PT Raised to $169 at Stifel Following Solid 3Q Performance

October 20, 2017 8:29 AM EDT

Stifel raised its price target on WABCO Holdings (NYSE: WBC) to $169.00 (from $160.00) while maintaining a Buy rating following the company's 3Q earnings release. WBC reported EPS of $1.71, above the Street consensus estimate of $1.55, driven in large part by stronger revenue growth. The company now expects... More

Wabco Holdings (WBC) Tops Q3 EPS by 18c, Beats on Revenues; Boosts FY17 EPS Guidance Above Consensus Estiamtes

October 19, 2017 6:33 AM EDT

Wabco Holdings (NYSE: WBC) reported Q3 EPS of $1.71, $0.18 better than the analyst estimate of $1.53. Revenue for the quarter came in at $827.3 million versus the consensus estimate of $750.33 million.

Q3 2017 sales of $827.8 million, up 22.6 percent from a year ago and up 18.6 percent in local currencies Q3 2017 reported operating margin of 11.3 percent versus 13.0 percent a year ago; performance Q3 2017 operating margin... More