Wabtec Earnings Reports

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.