Wabtec Q2 EPS Surges 22%, Raises Full-Year Revenue and Profit Outlook
WAB sits 44% above its 52-week low of $184.26.
Summary
Wabtec delivered a standout Q2, with adjusted EPS of $2.76 beating expectations on 17.5% sales growth to $3.18 billion. Operating cash flow more than doubled to $441 million, reflecting strong execution across both Freight and Transit segments. Management raised full-year revenue and adjusted EPS guidance, signaling confidence in sustained momentum. The Freight segment saw a 35% jump in equipment sales driven by higher locomotive deliveries, while Transit benefited from the Dellner Couplers acquisition and organic growth. This follows a series of strategic wins, including a Vale PTC contract in Brazil and a joint bid for Argentina's rail privatization, reinforcing Wabtec's global expansion narrative. With margins expanding and backlog building, the raised outlook suggests the second half could be even stronger.
At the time of this announcement, WAB was trading at $264.56 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $44.7B. The 52-week trading range was $184.26 to $284.91. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: BusinessWire.