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Sohini Mondal

Westinghouse Air Brake Technologies' Q3 2024 Earnings: What to Expect

WAB

Based in Pittsburgh, Pennsylvania, Westinghouse Air Brake Technologies Corporation (WAB) provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries. With a market cap of $32.1 billion, the company is expected to announce its fiscal Q3 earnings results before the market opens on Wednesday, Oct. 23. 

Ahead of this event, analysts expect the freight company to report a profit of $1.87 per share, up 10% from $1.70 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. In Q2, the company reported an EPS of $1.96, which topped the consensus estimates by nearly 6%. 

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