Wabtec Q3 Profit Rises to $409 Million, Revenue Up 8.1% to $3.12 Billion

Westinghouse Air Brake Technologies Corporation (WAB) reported third-quarter earnings of $409 million, or $2.42 per share, up from $310 million, or $1.81 per share, a year earlier. Excluding items, the company posted adjusted earnings of $478 million, or $2.83 per share. Revenue rose 8.1% to $3.120 billion from $2.886 billion. Wabtec guided full-year EPS to a range of $10.85 to $11.05 and full-year revenue to $12.30 billion to $12.60 billion.