Wabtec delivered a solid quarter, driven by strong transit sales, margin expansion, and increased backlog, while freight sales were flat due to locomotive shipment delays.
Wabtec delivered solid Q1 2025 results with revenue of $2.61 billion and adjusted EPS of $2.28. The company saw notable gains in both its Freight and Transit segments, and international markets contributed to higher profitability. Operating margins improved year-over-year, although cash from operations declined due to higher receivables.
Wabtec reported strong Q4 2024 results with revenue of $2.58 billion, a 2.3% increase YoY. Adjusted EPS was $1.68, up 9.1% from last year, driven by higher sales and margin expansion. Operating income increased to $334 million, and cash flow from operations reached $723 million. The Transit segment led growth with a 7.1% YoY revenue increase.
Wabtec reported strong Q3 2024 results, with sales growth of 4.4% to $2.66 billion and adjusted EPS up 17.6% to $2.00. The company raised and tightened its full-year adjusted EPS guidance, reflecting confidence in its product innovation, cost management, and execution.
Wabtec reported a strong second quarter in 2024, with sales growth of 9.8% to $2.64 billion and adjusted EPS up 39.0% to $1.96. The company raised and tightened its full-year adjusted EPS guidance.
Wabtec reported a strong start to 2024 with a 13.8% increase in sales to $2.50 billion, GAAP EPS of $1.53 (up 64.5%), and adjusted EPS of $1.89 (up 47.7%). The company raised its full-year adjusted EPS guidance to $7.00-$7.40.
Wabtec reported a strong third quarter with sales growth of 22.5% to $2.55 billion and adjusted EPS of $1.70, up 39.3%. The company generated $425 million in operating cash flow, resulting in a cash conversion of 116%.
Wabtec reported a strong second quarter in 2023, with sales growth of 17.5% to $2.41 billion. GAAP earnings per share increased by 16.5% to $1.06, and adjusted earnings per share rose by 14.6% to $1.41. The company also raised its full-year adjusted EPS guidance and completed the acquisition of L&M Radiator.
Wabtec reported strong first quarter 2023 results, with sales growth of 13.9% to $2.19 billion and adjusted earnings per share up 13.3% to $1.28. The company returned $209 million to shareholders via dividends and share repurchases and has strong visibility from a $22.3 billion multi-year backlog.
Wabtec reported Q4 2022 results with sales up 11.2% to $2.31 billion and adjusted EPS of $1.30, up 10.2% year-over-year. The company highlighted strong performance in the Freight segment and a multi-year backlog of $22.4 billion.
Wabtec reported strong third quarter 2022 results with sales growth of 9.1% to $2.08 billion. GAAP earnings per share were $0.88, up 27.5% versus the third quarter of 2021. Adjusted earnings per share were $1.22, up 7.0% versus the same quarter a year ago. Cash from operations was $204 million.
Wabtec reported a strong second quarter with sales growth of 1.8% to $2.05 billion and adjusted earnings per share of $1.23, up 16.0%. The company's total backlog increased to $23.23 billion, driven by strategic multi-year orders.
Wabtec reported a 2.4% increase in sales to $2.07 billion. GAAP earnings per share was $1.02, and adjusted earnings per share increased by 20.4% to $1.18. The company issued 2022 financial guidance and announced a share buyback reauthorization of $750 million.
Wabtec Corporation reported a 2.2% increase in sales to $1.91 billion. GAAP earnings per share increased by 3.0% to $0.69, while adjusted earnings per share rose by 20.0% to $1.14. The company generated $244 million in cash from operations and repurchased 2.3 million shares for $199 million.
Wabtec Corporation reported a strong second quarter in 2021, with earnings per diluted share of $0.66 and adjusted earnings per diluted share of $1.06. Total sales reached $2.0 billion, and cash from operations was robust at $223 million. The company raised its full-year revenue and earnings per share guidance.
Wabtec reported first quarter 2021 earnings per diluted share of $0.59 and adjusted earnings per diluted share of $0.89. Total sales were $1.8 billion and cash from operations was strong at $292 million.
Wabtec reported Q4 sales of $2.0 billion and GAAP earnings per diluted share of $0.46. Adjusted earnings per diluted share were $0.98. The company's total backlog was $21.6 billion, with a 12-month backlog of $5.5 billion.
Wabtec reported Q3 2020 earnings with GAAP EPS of $0.67 and adjusted EPS of $0.95. The company is on track to deliver $150 million in net synergies in 2020 and updated its full-year guidance for sales between $7.5 billion and $7.6 billion.
Wabtec reported Q2 2020 earnings with a GAAP EPS of $0.46 and adjusted EPS of $0.87. Sales were $1.7 billion. The company generated $311 million in cash flow from operations. Wabtec provided full-year sales guidance of $7.3 to $7.6 billion and adjusted EPS guidance of $3.50 to $3.80.
Wabtec reported a solid first quarter with increased sales of $1.9 billion and adjusted EPS of $0.97, despite headwinds from the COVID-19 pandemic. The company's performance was driven by sales from acquisitions and cost management initiatives.
Wabtec reported strong Q4 2019 results with GAAP earnings per share of $0.71 and adjusted EPS of $1.04. Sales for the quarter were $2.4 billion. The company's multi-year backlog remains strong at $22.4 billion.