Wabtec (WAB) Reports In-Line Q1 EPS, Revenues Miss; Withdraws FY20 Financial Guidance
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Wabtec Reports First Quarter 2020 Results
May 4, 2020 6:55 AM EDTFirst Quarter Reported GAAP Earnings Per Share of $0.58; Adjusted EPS of $0.97 First Quarter Reported GAAP Income From Operations of $217 Million (11.3% Margin); Adjusted Income From Operations of $303 Million (15.7% Margin) Strong Financial Position with Available Liquidity of About $1.2 Billion at Quarter Close; Additional Actions Post Quarter Further Enhanced Liquidity by $600 Million Multi-Year Backlog of $22 Billion Provides Forward Visibility
PITTSBURGH--(BUSINESS WIRE)-- Wabtec Corporation (NYSE: WAB) today reported first quarter 2020 earnings per diluted share of $0.58 and adjusted earnings per diluted share of $0.97 (on... More
