Wabtec Revised FY24 Guidance For Adjusted EPS To $7.20 to $7.50 (Prior $7-$7.40 ) Vs. $7.39 Consensus, Reaffirmed Sales Outlook Of $10.25B-$10.55B Vs. $10.375B Consensus
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Wabtec has revised its FY24 guidance for adjusted EPS to a range of $7.20 to $7.50, up from the prior range of $7.00 to $7.40, and reaffirmed its sales outlook of $10.25 billion to $10.55 billion. The consensus estimates were $7.39 for EPS and $10.375 billion for sales.
July 24, 2024 | 10:34 am
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Wabtec has revised its FY24 guidance for adjusted EPS to a range of $7.20 to $7.50, up from the prior range of $7.00 to $7.40, and reaffirmed its sales outlook of $10.25 billion to $10.55 billion. The consensus estimates were $7.39 for EPS and $10.375 billion for sales.
The upward revision in EPS guidance and reaffirmation of the sales outlook, both of which are close to or above consensus estimates, are positive indicators for Wabtec's financial performance. This is likely to have a positive short-term impact on the stock price.
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