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Benzinga
Benzinga
Business
Zacks

Wabtec (WAB) Beats Q2 Earnings Estimates, Ups 2022 EPS View

Westinghouse Air Brake Technologies Corporation, operating as Wabtec Corporation (NYSE:WAB), reported mixed second-quarter 2022 results wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same.

Quarterly earnings of $1.23 per share beat the Zacks Consensus Estimate by a penny. The bottom line improved 16% year over year, owing to higher sales and increased operating margins.

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