Wabtec (WAB) Misses Q4 EPS by 5c

Go back to Wabtec (WAB) Misses Q4 EPS by 5c

Wabtec Reports 4Q Results, Including Strong Cash Flow; Issues 2019 Financial Guidance

February 25, 2019 7:30 AM EST

WILMERDING, Pa., Feb. 25, 2019 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE: WAB) today reported results for its 2018 fourth quarter, including strong cash flow, and issued 2019 financial guidance.  The company also announced the completion of its merger with GE Transportation today, and said it has been notified that it will now be included in the S&P 500 Index.

Raymond T. Betler, Wabtecs president and chief executive officer, said:  We are pleased that we finished the year as we expected and generated very strong cash flow from operations in the fourth quarter. The rebound in the freight... More