Wabco Holdings (WBC) Tops Q2 EPS by 5c, Revenues Beat; Boosts FY18 EPS/Revenue Guidance Outlook

Go back to Wabco Holdings (WBC) Tops Q2 EPS by 5c, Revenues Beat; Boosts FY18 EPS/Revenue Guidance Outlook

WABCO Reports Q2 2018 Results; Continues to Outperform Global Commercial Vehicle Market; Sequentially Delivers Another $1 Billion in Quarterly Sales; Updates Guidance for 2018

July 19, 2018 6:30 AM EDT

Q2 2018 sales of $1,001.2 million, up 25.9 percent from a year ago and up 20.7 percent in local currencies
 Q2 2018 reported operating margin of 14.6 percent, up from 13.6 percent a year ago; performance Q2 2018 operating margin of 15.2 percent, up from 14.7 percent a year ago
 In Q2 2018, WABCO continued to efficiently convert income into cash, resulting in net cash from operating activities of $77.2 million
 Q2 2018 reported diluted EPS of $1.95, up 21.1 percent from $1.61 a year ago; performance Q2 2018 diluted EPS of $2.00, up 18.3 percent from $1.69 a year ago
 Updates sales guidance for full year 2018 to now range from $3,850... More