Westinghouse Air Brake: Q1 Earnings Insights

Shares of Westinghouse Air Brake WAB decreased 0.0% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 8.25% year over year to $0.89, which beat the estimate of $0.86.

Revenue of $1,830,000,000 decreased by 5.18% year over year, which missed the estimate of $1,850,000,000.

Guidance

The upcoming fiscal year's EPS expected to be between $4.05 and $4.30.

The upcoming fiscal year's revenue expected to be between $7,700,000,000 and $7,900,000,000.

Details Of The Call

Date: Apr 29, 2021

Time: 08:30 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/wab/mediaframe/43793/indexr.html

Technicals

Company's 52-week high was at $86.17

52-week low: $48.75

Price action over last quarter: Up 15.67%

Company Description

Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, the Freight and Transit.