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Westinghouse Air Brake (NYSE:WAB) reported its Q3 earnings results on Wednesday, October 27, 2021 at 06:30 AM.
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Here's what investors need to know about the announcement.
Earnings
Westinghouse Air Brake beat their estimated earnings by 1.79%, reporting an EPS of $1.14 versus an estimate of $1.12, which did not surprise analysts.
Revenue was up $42,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1, which was followed by a 0.16% drop in the share price the next day.
Here's a look at Westinghouse Air Brake's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.96 | 0.86 | 1.03 | 0.91 |
| EPS Actual | 1.06 | 0.89 | 0.98 | 0.95 |
| Revenue Estimate | 1.87B | 1.85B | 2.04B | 1.80B |
| Revenue Actual | 2.01B | 1.83B | 2.02B | 1.86B |
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.