Wabtec (WAB) Tops Q2 EPS by 12c, Revenues Beat; Offers FY20 EPS/Revenue Guidance

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Wabtec Reports Second Quarter 2020 Results; Provides Guidance for 2020

July 28, 2020 6:30 AM EDT

Delivered Strong GAAP Cash Flow from Operations of $311 Million Second Quarter Reported GAAP Earnings Per Share of $0.46; Adjusted EPS of $0.87 Second Quarter Reported GAAP Income from Operations of $159 Million (9.2% Margin); Adjusted Income from Operations of $262 Million (15.1% Margin) Over $70 Million in Net Synergies Realized Year-To-Date; On-track to deliver $150 Million Net Synergies in 2020

PITTSBURGH--(BUSINESS WIRE)-- Wabtec Corporation (NYSE: WAB) today reported second quarter 2020 earnings per diluted share of $0.46 and adjusted earnings per diluted share of $0.87, versus earnings per... More