Wabtec (WAB) Tops Q1 EPS by 3c, Revenues Miss; Offers FY21 EPS Mid-Point Guidance Above Consensus, Provides FY21 Revenue Outlook

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Go back to Wabtec (WAB) Tops Q1 EPS by 3c, Revenues Miss; Offers FY21 EPS Mid-Point Guidance Above Consensus, Provides FY21 Revenue Outlook

Wabtec Reports First Quarter 2021 Results; Updates 2021 Guidance

April 29, 2021 6:30 AM EDT

Delivered Strong Cash Flow from Operations of $292 Million First Quarter Reported GAAP Earnings Per Share of $0.59; Adjusted EPS of $0.89 Converted Key Long-term Orders, Strengthening Book-to-Bill Expanded Into Global Maintenance of Way Market with Strategic Acquisition of Nordco On-track to Deliver $250 Million Run-Rate of Synergies From GE Transportation Merger in 2021

PITTSBURGH--(BUSINESS... More