Wabtec Corp. (WAB) reported fourth quarter net income of $1.34 per share Tuesday morning, up from $0.96 per share in the prior year. The consensus estimate was for EPS of $1.31. Full year 2013 EPS is expected to be $5.85, which is above the consensus estimate of $5.81.
Wabtec climbed during the first 45 minutes of trade Tuesday and took out the session highs late in the afternoon. The stock finished up by 4.02 at $99.51 and rose to a new high for the year.
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