Westinghouse Air Brake Q2 2024 Adj EPS $1.96 Beats $1.88 Estimate, Sales $2.644B Beat $2.643B Estimate
Portfolio Pulse from Benzinga Newsdesk
Westinghouse Air Brake (NYSE:WAB) reported Q2 2024 adjusted EPS of $1.96, beating the $1.88 estimate. Sales were $2.644 billion, slightly above the $2.643 billion estimate, marking a 9.85% increase from the same period last year.
July 24, 2024 | 10:31 am
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Westinghouse Air Brake (NYSE:WAB) reported better-than-expected Q2 2024 earnings and sales, with EPS of $1.96 beating the $1.88 estimate and sales of $2.644 billion slightly above the $2.643 billion estimate. Sales increased by 9.85% year-over-year.
The company's better-than-expected earnings and sales figures, along with a significant year-over-year sales increase, are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100