Westinghouse Air Brake Technologies Corporation (WAB) revealed a profit for its first quarter that Increases, from the same period last year
The company's bottom line came in at $362 million, or $2.12 per share. This compares with $322 million, or $1.88 per share, last year.
Excluding items, Westinghouse Air Brake Technologies Corporation reported adjusted earnings of $462 million or $2.71 per share for the period.
The company's revenue for the period rose 13.0% to $2.95 billion from $2.61 billion last year.
Westinghouse Air Brake Technologies Corporation earnings at a glance (GAAP) :
-Earnings: $362 Mln. vs. $322 Mln. last year.-EPS: $2.12 vs. $1.88 last year.-Revenue: $2.95 Bln vs. $2.61 Bln last year.
-Guidance:Full year EPS guidance: $ 10.25 To $ 10.65Full year revenue guidance: $ 12.19 B To $ 12.49 B
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.