Wabtec Shares Decline on Q4 Revenues & Earnings Miss, Dull View
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Wabtec's shares declined due to a miss in Q4 revenues and earnings, despite a 7.1% year-over-year sales increase in its Transit unit.
February 12, 2025 | 6:00 pm
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Wabtec's shares declined following a miss in Q4 revenues and earnings, despite a positive performance in its Transit unit with a 7.1% sales increase.
The decline in Wabtec's shares is attributed to the company's failure to meet Q4 revenue and earnings expectations. Although the Transit unit showed a positive performance with a 7.1% increase in sales, it was not enough to offset the overall negative market reaction to the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100