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Wabtec Corporation Announces Climb In Q2 Bottom Line

Wabtec Corporation (WAB) reported a profit for its second quarter that increased from the same period last year

The company's earnings totaled $166M, or $0.91 per share. This compares with $125M, or $0.66 per share, in last year's second quarter.

Excluding items, Wabtec Corporation reported adjusted earnings of $223 million or $1.23 per share for the period.

The company's revenue for the quarter rose 2.0% to $2.05 billion from $2.01 billion last year.

Wabtec Corporation earnings at a glance (GAAP) :

-Earnings (Q2): $166M. vs. $125M. last year.
-EPS (Q2): $0.91 vs. $0.66 last year.
-Revenue (Q2): $2.05 Bln vs. $2.01 Bln last year.

-Guidance:
Full year EPS guidance: $4.70 - $5.00
Full year revenue guidance: $8.30 - $8.60 Bln

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