Recent Updates — WAB

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.

On October 1, 2026, Westinghouse Air Brake Technologies Corporation established a commercial paper program allowing the issuance of short-term, unsecured notes with an aggregate limit of $2 billion outstanding at any time. The notes carry maturities of up to 397 days and are unconditionally guaranteed by GE Transportation and various Wabtec subsidiaries. No notes have been issued as of the report date. Westinghouse Air Brake Technologies Corporation operates in the railroad equipment industry, manufacturing braking systems and other rail components.

Westinghouse Air Brake Technologies Corporation reported second quarter 2026 results with net sales of $3.18 billion, a 17.5% year-over-year increase. GAAP diluted earnings per share rose 18.9% to $2.33, while adjusted diluted EPS increased 21.6% to $2.76. The company reported a multi-year backlog of $30.93 billion. Following these results, Wabtec increased its full-year 2026 revenue guidance to a range of $12.30 billion to $12.60 billion and raised its adjusted EPS guidance to $10.60–$10.90. The company provides equipment, systems, and digital solutions for the freight and transit rail industries.