Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is reporting second quarter earnings results on Tuesday 28th July 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.75 per share.
For the full year, analysts predict revenues of $ 7542.49 million, while looking forward to income of $ 3.64 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 8,700.00 million ~ $ 8,700.00 million, where as bottomline are predicted in a range of $ 4.50 ~ $ 4.80 per share
Click Here For More Historical Outlooks Of Westinghouse Air Brake Technologies Corporation
Previous Quarter Performance
Westinghouse Air Brake Technologies Corporation unveiled income for the first quarter of $ 0.97 per share, from the revenue of $ 1,930.00 million. The quarterly earnings down 8.49 percent while revenues developed 17.64 percent compared with the same quarter last year. Street analysts expected $ 2033.82 million. The top line results fell short of analysts by $ 103.82 million or 5.1 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Westinghouse Air Brake Technologies Corporation
Stock Performance
According to the previous trading day, closing price of WAB was $ 62.01, representing a 76.82 % increase from the 52 week low of $ 35.07 and a 24.15 % decrease over the 52 week high of $ 81.75.
The company has a market capital of $ 11.80 billion and is part of the Industrials sector and Railroads industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”WAB” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.12 per share on April 28, 2020. The dividend were payable on May 22, 2020 to holders of record as of the close of business on May 8, 2020 and ex-dividend date on May 7, 2020.
Conference Call
Westinghouse Air Brake Technologies Corporation will be hosting a conference call at 8:30 AM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.wabtec.com
Wabtec Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. The companys Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new switcher locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities.
