Wabtec (WAB) Tops Q1 EPS by 40c, Beats on Revenue; Offers FY24 Guidance
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Wabtec Delivers First Quarter 2024 Results; Raises Full-Year Guidance
April 24, 2024 6:30 AM EDTGAAP Earnings Per Share of $1.53, Up 64.5%; Adjusted Earnings Per Share of $1.89, Up 47.7% GAAP Operating Margin at 16.5%; Adjusted Operating Margin Up 3.4 pts to 19.8% Sales Growth of 13.8% to $2.50 billion; Freight Segment Sales Growth of 17.2% Returned $211 million to Shareholders via Share Repurchases and Dividends Raises 2024 Financial Guidance of Adjusted EPS to Between $7.00 to $7.40; Up 21.6% at the Mid-Point from 2023 (Increased from $6.50 to $6.90)
PITTSBURGH--(BUSINESS WIRE)-- Wabtec Corporation (NYSE: WAB) today reported first quarter 2024 GAAP earnings per diluted share of $1.53, up 64.5% versus... More
