Wabtec (WAB) Raises Quarterly Dividend 25% to $0.15; $750M Buyback
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Wabtec Reports Strong 4th Quarter 2021 Results
February 16, 2022 6:30 AM ESTIssues 2022 Financial Guidance
Fourth Quarter Reported GAAP Earnings Per Share of $1.02; Adjusted Earnings Per Share Up 20.4% to $1.18 Sales Growth of 2.4% to $2.07 Billion; GAAP Operating Margin of 12.7%; Adjusted Operating Margin Up 210 bps to 16.1% Full-Year Cash Flow from Operations up 36.9% to $1.07 Billion; 102% Full-Year Operating Cash Flow Conversion Repurchased 1.05 Million Shares During the Fourth Quarter for $100 Million; Total Full-Year Repurchased of $300 Million Announced $750 Million Share Buyback Reauthorization and 25% Increase in Quarterly DividendÂ
PITTSBURGH--(BUSINESS... More
