Wabtec reports Q3 adjusted EPS $2.32, consensus $2.28

Reports Q3 revenue $2.89B, consensus $2.88B. “The Wabtec (WAB) team delivered a very strong quarter, evidenced by continued growth in our backlog, sales, margin, and earnings,” said Rafael Santana, Wabtec’s President and CEO. “We continue to be encouraged by the pipeline of opportunities that remains ahead of us. Our team’s commitment to product innovation, disciplined cost management, focused execution and partnership with our customers has been instrumental in driving our ongoing success. Together with our strong results, these factors give us confidence to continue to deliver on profitable growth into the future. Our team’s dedication positions us to drive Wabtec’s success, even in a dynamic and uncertain economic environment.”