Wabtec (WAB) Tops Q1 EPS by 1c, Revenues Light

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Wabtec Reports Strong 1st Quarter 2022 Results

April 27, 2022 6:30 AM EDT

First Quarter Reported GAAP Earnings Per Share of $0.80; Adjusted Earnings Per Share of $1.13, Up 27.0% Sales Growth of 5.3% to $1.93 Billion; GAAP Operating Margin of 12.4%; Adjusted Operating Margin of 16.5%, Up 1.4 pts Repurchased 3.1 Million Shares During the First Quarter for $296 Million; Raised Quarterly Dividend by 25% Multi-Year Backlog Up 5.0% Year-Over-Year to $22.76 Billion, Provides Strong Forward Momentum

PITTSBURGH--(BUSINESS WIRE)--

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