Wabtec (WAB) Tops Q4 EPS by 1c; Raises Buyback and Dividend

Wabtec (NYSE: WAB) reported Q4 EPS of $1.18, $0.01 better than the analyst estimate of $1.17. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $2.18 billion.

Announced $750 Million Share Buyback Reauthorization and 25% Increase in Quarterly Dividend

GUIDANCE:

Wabtec sees FY2022 EPS of $4.65-$5.05, versus the consensus of $4.87. Wabtec sees FY2022 revenue of $8.3-8.6 billion, versus the consensus of $8.46 billion.

For earnings history and earnings-related data on Wabtec (WAB) click here.

You May Also Be Interested In

• Wells Fargo cuts Netflix rating on engagement risk, weak slate
• DraftKings Inc. (DKNG) PT Lowered to $48 at UBS on Updated Estimates Post Q2
• Arrive AI and DXC Technology partner to bring delivery tech to factories