Wabtec (WAB) Tops Q2 EPS by 10c; Raises Outlook

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Wabtec Reports 2nd Quarter 2021 Results; Updates 2021 Guidance

July 29, 2021 6:30 AM EDT

Strong Cash Flow from Operations of $223 Million; Year-to-Date Cash Flow From Operations of $515 Million Second Quarter Reported GAAP Earnings Per Share of $0.66; Adjusted EPS of $1.06 Raising Full-Year Sales, GAAP EPS and Adjusted EPS Guidance 12-month Backlog Highest Since 2nd Quarter 2019; Year-To-Date Book-To-Bill Above 1.0 On-track to Deliver $250 Million Run-Rate of Synergies From GE Transportation Merger in 2021

PITTSBURGH--(BUSINESS... More