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Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Wabtec (WAB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Wabtec's fourth-quarter bottom line is expected to have been hurt by elevated operating expenses.
PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today announced a US$248 million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou (WCS, a Baowu & Winning joint venture) to support their rail operations at the high-grade iron ore project, located in the east of Guinea. The agreement follows a locomotive order a few months earlier from SimFer (a Rio Tinto joint venture) to serve its operations at Simandou. The combined orders for the pr.
The acquisition is expected to double Wabtec's total addressable market from approximately $8 billion to $16 billion.
The Zacks Transportation - Equipment and Leasing industry seeks to benefit from consistent shareholder-friendly initiatives. WAB, AL and GBX are set to gain the most.
PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced a definitive agreement to acquire Evident's Inspection Technologies division (Inspection Technologies), formerly part of the Scientific Solutions Division of Olympus Corporation, a global leader in Non-Destructive Testing, Remote Visual Inspection and Analytical Instruments solutions for mission critical assets. Recognized for its industry-leading brands and reference-standard technologies, Inspection Technologies brings high.
Investors interested in stocks from the Transportation - Equipment and Leasing sector have probably already heard of Greenbrier Companies (GBX) and Westinghouse Air Brake Technologies (WAB). But which of these two stocks offers value investors a better bang for their buck right now?
High operating costs are hurting WAB's bottom line. The company's shareholder-friendly approach bodes well.
PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 20 cents per share, payable on November 27, 2024, to holders of record on November 13, 2024. About Wabtec Wabtec Corporation (NYSE: WAB) is revolutionizing the way the world moves for future generations. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail ind.
Wabtec (WAB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.