Wabtec Earns 95 Cents per Share

Wabtec ($WAB) earned 95 cents per share for Q4. That was a penny above consensus. For the year, WAB earned $3.62 per share. They also issued guidance of $4.05 per share for all of this year.

CEO Raymond T. Betler said: “We finished the year with a strong performance in the fourth quarter, and we are anticipating record results again in 2015. While we expect to face challenges this year, including global economic uncertainty and foreign currency exchange headwinds, we will benefit from ongoing investment in freight rail and passenger transit projects around the world. Our long-term growth prospects remain solid, thanks to our diversified business model, balanced strategies and rigorous application of the Wabtec Performance System.”

Posted by on February 18th, 2015 at 8:47 am


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