Wabtec (WAB) Tops Q2 EPS by 1c; Offers FY22 Guidance

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Wabtec Reports Strong 2nd Quarter 2022 Results

August 5, 2022 6:30 AM EDT

Total Backlog of $23.23 Billion, Up $1.70 Billion and Up $2.27 Billion on Constant Currency Basis; Provides Strong Multi-Year Momentum Second Quarter Reported GAAP Earnings Per Share of $0.91; Adjusted Earnings Per Share of $1.23, Up 16.0% Sales Growth of 1.8% to $2.05 Billion; GAAP Operating Margin of 12.9%; Adjusted Operating Margin of 16.7%, Up 1.5 pts Closed Two Strategic Bolt-on Acquisitions and Repurchased $103 Million Shares During the Second Quarter

PITTSBURGH--(BUSINESS... More