Westinghouse Air Brake (NYSE:WAB) reported its Q1 earnings results on Wednesday, April 27, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Westinghouse Air Brake beat estimated earnings by 0.89%, reporting an EPS of $1.13 versus an estimate of $1.12.

Revenue was up $97.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 0.55% increase in the share price the next day.

Here's a look at Westinghouse Air Brake's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Westinghouse Air Brake management provided guidance for FY 2022, expecting earnings between $4.65 and $5.05 per share.

To track all earnings releases for Westinghouse Air Brake visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.