Wabtec (WAB) Tops Q2 EPS by 8c; Raises Outlook
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Wabtec Delivers Strong Second Quarter 2023 Results; Raises Full-Year Guidance
July 27, 2023 6:30 AM EDTSales Growth of 17.5% to $2.41 Billion; Freight Segment Sales Growth of 14.6% and Transit Segment Sales Growth of 25.3% Second Quarter Reported GAAP Earnings Per Share of $1.06, Up 16.5%; Adjusted Earnings Per Share of $1.41, Up 14.6% Raised Mid-Point of Full-Year Adjusted EPS to Up 16% Year-Over-Year from Up 10% Expanded Mining Portfolio With Strategic Acquisition of L&M Radiator
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