Wabco Holdings (WBC) Tops Q4 EPS by 16c, Revenues Miss; Offers FY19 EPS/Revenue Guidance Below Consensus
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WABCO Delivers Record Sales and Operating Income in 2018; Continues to Solidly Outperform Global Commercial Vehicle Market; Provides Guidance for 2019
February 15, 2019 6:30 AM ESTQ4 2018 sales of $911.6 million, 2.4% lower versus a year ago, while up 1.4% in local currenciesFull year 2018 sales of $3,831.0 million, up 15.9% from a year ago and up 13.9% in local currenciesQ4 2018 reported operating margin of 12.3% versus 13.4% a year ago; performance operating margin of 13.8% versus 15.4% a year agoFull year 2018 reported operating margin of 13.4%, up from 13.2% a year ago; performance operating margin of 14.2% versus 14.9% a year agoQ4 2018 reported diluted EPS of $2.20 versus $3.12 a year ago; performance diluted EPS of $2.13, up from $2.00 a year agoFull year 2018 reported diluted EPS of $7.43 versus $7.50 a year ago; performance... More
