Wabtec Reports Results For 2017 4Q and Full Year, Issues 2018 Financial Guidance

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Wabtec (WAB) PT Raised to $85 at Deutsche Bank

February 21, 2018 7:54 AM EST

Deutsche Bank raised its price target on Wabtec (NYSE: WAB) to $85.00 (from $80.00) while maintaining a Hold rating following the company's 4Q.

Congress appears focused on train safety in the wake of recent accidents. While this could lead to higher transit spending,... More

Wabtec (WAB) PT Raised to $75 at Stifel; Expectations Achievable and Fundamentals Improving

February 21, 2018 6:12 AM EST

Stifel raised its price target on Wabtec (NYSE: WAB) to $75.00 (from $68.00) while maintaining a Buy rating.

Analyst Michael J. Baudendistel commented, "... we think there are reasons to believe expectations have now been reset to achievable levels -- unlike the prior two years, which were... More

Wabtec (WAB) Misses Q4 EPS by 2c, Reports Mixed FY Guidance

February 20, 2018 8:15 AM EST

Wabtec (NYSE: WAB) reported Q4 EPS of $0.90, $0.02 worse than the analyst estimate of $0.92. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.04 billion.

GUIDANCE:

Wabtec sees FY2018 EPS of $3.80, versus the consensus of $3.95. Wabtec sees FY2018... More