Shares of Westinghouse Air Brake WAB moved higher by 7% after the company reported Q2 results.
Quarterly Results
Earnings per share fell 17.92% over the past year to $0.87, which beat the estimate of $0.75.
Revenue of $1,737,000,000 decreased by 22.90% from the same period last year, which beat the estimate of $1,700,000,000.
Guidance
The upcoming fiscal year's EPS expected to be between $3.50 and $3.80.
The upcoming fiscal year's revenue expected to be between $7,300,000,000 and $7,600,000,000.
How To Listen To The Conference Call
Date: Jul 28, 2020
Time: 08:30 AM
ET Webcast URL: https://services.choruscall.com/links/wab200430.html
Price Action
Company's 52-week high was at $81.75
Company's 52-week low was at $35.07
Price action over last quarter: Up 12.44%
Company Description
Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, the Freight and Transit.
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