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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100