Wabtec Corporation Q3 adjusted earnings Beat Estimates

Wabtec Corporation (WAB) announced a profit for its third quarter that climbed from last year.

The company's earnings totaled $130.6M, or $0.69 per share. This compares with $128.1M, or $0.67 per share, in last year's third quarter.

Excluding items, Wabtec Corporation reported adjusted earnings of $214.1 million or $1.14 per share for the period.

Analysts had expected the company to earn $1.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.1% to $1.91 billion from $1.87 billion last year.

Wabtec Corporation earnings at a glance:

-Earnings (Q3): $214.1 Mln. vs. $182.2 Mln. last year.
-EPS (Q3): $1.14 vs. $0.95 last year.
-Analysts Estimate: $1.12
-Revenue (Q3): $1.91 Bln vs. $1.87 Bln last year.

Full year EPS guidance: $4.20 to $4.30
Full year revenue guidance: $7.90 - $8.05 Bln

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