Earnings ·
Wabtec reports Q3 sales of $3.12B, raises full-year adjusted EPS guidance to $10.85-$11.05
WABWestinghouse Air Brake Technologies Corp
Westinghouse Air Brake Technologies reported third-quarter net sales of $3.12 billion, an 8.1% increase year-over-year, driven by growth in both its Freight and Transit segments. GAAP diluted earnings per share reached $2.42, up 33.7%, while adjusted diluted EPS was $2.83, a 22.0% gain. The company generated $455 million in operating cash flow and ended the quarter with a total backlog of $31.4 billion. Management raised and tightened its full-year 2026 adjusted earnings per share guidance to a range of $10.85 to $11.05, reflecting strong demand and margin expansion. Wabtec is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries.