Wabtec (WAB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Wabtec (WAB) reported earnings 30 days ago. What's next for the stock?
Wabtec (WAB) raises 2024 earnings per share guidance to the range of $7.20-$7.50 from $7.00-$7.40 guided previously.
Emotionally speaking, many folks love railroads and as such, could find Wabtec appealing. WAB also makes sense for regular investors. Railroading is a very important business. And WAB solves the biggest knock against railroads, which is that they, according to Warren Buffett, “eat capital”.
Wabtec (WAB) possesses solid growth attributes, which could help it handily outperform the market.
Wabtec (WAB) raises its 2024 adjusted earnings guidance to the $7.20-$7.50 range from the prior view of $7.00-$7.40.
While the top- and bottom-line numbers for Wabtec (WAB) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Wabtec's (WAB) Q2 performance is expected to be affected by rising operating expenses.
Wabtec (WAB) raises 2024 earnings per share guidance to the range of $7.00-$7.40 from $6.50-$6.90 guided previously.
Wabtec's (WAB) Green Friction Technology embarks on commercial operations in Paris, enhancing air quality in rail tunnels.
Wabtec's (WAB) top line gains from strong performance in the Freight and Transit segments and a robust backlog, riding the tailwind of increased demand for distribution and services.
Wabtec (WAB) reported earnings 30 days ago. What's next for the stock?