Stock Track | Westinghouse Air Brake Soars 8.26% Intraday on Strong Q2 Earnings Beat and Raised Full-Year Guidance

Stock Track

Jul 22

Westinghouse Air Brake Technologies Corp. (WAB) saw its shares soar 8.26% during intraday trading on Wednesday, following the release of its second-quarter financial results.

The rail equipment supplier reported quarterly adjusted earnings per share of $2.76, surpassing analyst estimates, while revenue of $3.18 billion also exceeded expectations. The strong performance was driven by double-digit sales growth in both its Freight and Transit segments.

Bolstered by these results, Wabtec raised its full-year revenue guidance to a range of $12.3 billion to $12.6 billion and increased its adjusted EPS forecast to $10.60-$10.90. The company also reported a significant year-over-year increase in its total backlog, providing strong visibility for future sales and contributing to investor optimism.

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(WAB) saw its shares soar 8.26% during intraday trading on Wednesday, following the release of its second-quarter financial results.</p><p>The rail equipment supplier reported quarterly adjusted earnings per share of $2.76, surpassing analyst estimates, while revenue of $3.18 billion also exceeded expectations. The strong performance was driven by double-digit sales growth in both its Freight and Transit segments.</p><p>Bolstered by these results, Wabtec raised its full-year revenue guidance to a range of $12.3 billion to $12.6 billion and increased its adjusted EPS forecast to $10.60-$10.90. The company also reported a significant year-over-year increase in its total backlog, providing strong visibility for future sales and contributing to investor optimism.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WAB","symbol_name":"美国西屋制动","start_time":0,"source_url":"","article_id":"1181396212","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1181396212","pubTimestamp":1784727762,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Westinghouse Air Brake Technologies Corp. 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