Locomotive builder Wabtec’s revenue and profits increased in the fourth quarter, but the company’s stock tumbled 11% Wednesday after quarterly results and a new five-year outlook both came in ...
Wabtec’s revenue and profits increased in the fourth quarter, but the company’s stock tumbled 11% yesterday because the ...
Reports Q4 revenue $2.58B, consensus $2.62B. “The Wabtec (WAB) team delivered a strong 2024 as evidenced by higher orders, sales, margin ...
The Transit segment, however, grew 7.1%, helping lift overall revenue by 2.3% . Wabtec also introduced a new five-year forecast, targeting mid-single-digit annual revenue growth and 3.5 ...
Shares of Wabtec WAB slid 4.22% to $188.19 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.01% to 6,114.63 and Dow Jones ...
Overall, Wabtec (as it is also known) ended the quarter with a solid performance in margins and cash flow, reinforcing its strong market positioning. Westinghouse Air Brake Technologies ...
Feb 12 (Reuters) - U.S. rail locomotive maker Wabtec (WAB.N), opens new tab forecast 2025 profit largely below analysts' estimates on Wednesday, as the industry tackles weak demand for new ...
Story Highlights Wabtec Corp. secured a $248 million contract with a Guinea company. Trains will run on an under construction railway connecting an iron ore mine to Port of Morebaya. Wabtec will ...
Wabtec Corp. on Feb. 12 reported “strong” fourth-quarter 2024 results that included 350-plus bps (basis points) of adjusted operating margin expansion, mid-single-digit revenue growth and a ...
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