Wabtec Sees 2023 Adj. EPS $5.80-$6.00 vs $5.71 Est., Sees Sales $9.5B-$9.7B vs $9.45B Est.
Portfolio Pulse from Benzinga Newsdesk
Wabtec Corporation has projected its 2023 adjusted EPS to be between $5.80 and $6.00, higher than the estimated $5.71. The company also forecasts sales to range from $9.5 billion to $9.7 billion, surpassing the estimated $9.45 billion.
October 25, 2023 | 10:33 am
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POSITIVE IMPACT
Wabtec's higher than expected 2023 EPS and sales forecasts may positively impact its stock price in the short term.
Wabtec's projected EPS and sales for 2023 are higher than the current estimates. This positive outlook could increase investor confidence and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100