Wabtec (WAB) Tops Q1 EPS by 40c, Beats on Revenue; Offers FY24 Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/1/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. DASH
9. GILD
10. SBUX

Go back to Wabtec (WAB) Tops Q1 EPS by 40c, Beats on Revenue; Offers FY24 Guidance

Wabtec Delivers First Quarter 2024 Results; Raises Full-Year Guidance

April 24, 2024 6:30 AM EDT

GAAP 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