Westinghouse Air Brake: Q3 Earnings Insights

Shares of Westinghouse Air Brake WAB were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 7.77% over the past year to $0.95, which beat the estimate of $0.91.

Revenue of $1,865,000,000 declined by 6.84% year over year, which beat the estimate of $1,800,000,000.

Outlook

The upcoming fiscal year's EPS expected to be between $3.75 and $3.85.

The upcoming fiscal year's revenue expected to be between $7,500,000,000 and $7,600,000,000.

Conference Call Details

Date: Oct 29, 2020

Time: 08:30 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/wab/mediaframe/39910/indexr.html

Recent Stock Performance

52-week high: $81.75

Company's 52-week low was at $35.07

Price action over last quarter: down 13.96%

Company Overview

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.