Westinghouse Air Brake Q2 Adj. EPS $1.41 Beats $1.33 Estimate, Sales $2.41B Beat $2.23B Estimate
Portfolio Pulse from Benzinga Newsdesk
Westinghouse Air Brake (NYSE:WAB) reported Q2 earnings of $1.41 per share, beating the analyst consensus estimate of $1.33 by 6.02%. This is a 14.63% increase from the same period last year. The company also reported quarterly sales of $2.41 billion, beating the analyst consensus estimate of $2.23 billion by 7.94%, a 17.53% increase from the same period last year.
July 27, 2023 | 10:35 am
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Westinghouse Air Brake's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Westinghouse Air Brake's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant increases from the same period last year further indicate strong financial performance.
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IMPORTANCE 80
RELEVANCE 100