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Westinghouse Air Brake Technologies Corp (WAB.N)

WAB.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Wabtec Q4 Adjusted Earnings Per Share $0.90 Excluding Items
Tuesday, 20 Feb 2018 08:14am EST 

Feb 20 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC REPORTS RESULTS FOR 2017 4Q AND FULL YEAR, ISSUES 2018 FINANCIAL GUIDANCE.Q4 SALES ROSE 42 PERCENT TO $1.08 BILLION.SEES FY 2018 ADJUSTED EARNINGS PER SHARE ABOUT $3.80 EXCLUDING ITEMS.Q4 ADJUSTED EARNINGS PER SHARE $0.90 EXCLUDING ITEMS.Q4 GAAP EARNINGS PER SHARE $0.51.SEES FY 2018 SALES ABOUT $4.1 BILLION.WESTINGHOUSE AIR BRAKE TECHNOLOGIES - ‍EXPECTS ADJUSTED EARNINGS PER DILUTED SHARE IN Q1 2018 TO BE SIMILAR TO ADJUSTED EPS IN Q4 OF 2017​.WESTINGHOUSE AIR BRAKE TECHNOLOGIES - ‍DURING QUARTER, COMPANY'S TOTAL, MULTI-YEAR BACKLOG INCREASED 2 PERCENT COMPARED TO Q3, TO A RECORD $4.6 BILLION​.Q4 EARNINGS PER SHARE VIEW $0.92, REVENUE VIEW $1.05 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.95, REVENUE VIEW $4.06 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Wabtec Signs Contract Worth $62 Mln To Provide PTC Equipment
Monday, 12 Feb 2018 08:00am EST 

Feb 12 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC SIGNS CONTRACT WORTH $62 MILLION TO PROVIDE PTC EQUIPMENT/SERVICES FOR CFRC (SUNRAIL).WABTEC CORP- INSTALLATION IS EXPECTED TO BE COMPLETED BY END OF 2018.  Full Article

Wabtec Signs Contract Worth $5 Mln To Provide Yard Train Control For RUMO In Brazil
Wednesday, 13 Dec 2017 08:00am EST 

Dec 13 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC SIGNS CONTRACT WORTH $5 MILLION TO PROVIDE YARD TRAIN CONTROL FOR RUMO IN BRAZIL.WABTEC CORP - INSTALLATION UNDER CONTRACT IS EXPECTED TO BE COMPLETED BY END OF 2018.  Full Article

WESTINGHOUSE AIR BRAKE TECHNOLOGIES Q3 ADJ SHR $0.88 EXCLUDING ITEMS
Tuesday, 24 Oct 2017 08:42am EDT 

Oct 24 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC REPORTS RESULTS FOR 3Q, UPDATES GUIDANCE.Q3 ADJUSTED EARNINGS PER SHARE $0.88 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.70.Q3 EARNINGS PER SHARE VIEW $0.84 -- THOMSON REUTERS I/B/E/S.SEES FY 2017 EARNINGS PER SHARE $3.45 TO $3.50 EXCLUDING ITEMS.SEES FY 2017 REVENUE ABOUT $3.8 BILLION.Q3 SALES $958 MILLION VERSUS I/B/E/S VIEW $946 MILLION.FY2017 EARNINGS PER SHARE VIEW $3.53, REVENUE VIEW $3.84 BILLION -- THOMSON REUTERS I/B/E/S.WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP - ‍COMPANY'S 12-MONTH BACKLOG, A SUBSET OF TOTAL, INCREASED 5 PERCENT TO $2.2 BILLION​ AT QUARTER-END.WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP SAYS ‍ADJUSTED OPERATING MARGIN TARGET IN Q4 IS ABOUT 15 PERCENT​.  Full Article

Faiveley Transport signs contracts to provide components for new Paris trains
Tuesday, 10 Oct 2017 11:45am EDT 

Oct 10 (Reuters) - Westinghouse Air Brake Technologies Corp :Faiveley Transport signs contracts to provide components/systems for new Paris trains.Says ‍subsidiary has been awarded contracts worth more than $100 million by Alstom and Bombardier Transportation​.Says ‍deliveries are expected to start by September 2018 and to be completed by 2022​.  Full Article

Wabtec acquires AM General Contractor
Monday, 2 Oct 2017 11:55am EDT 

Oct 2 (Reuters) - Westinghouse Air Brake Technologies Corp : :Wabtec acquires AM General Contractor, a manufacturer of safety systems for transit cars.  Full Article

WABTEC signs contract worth $22 mln to provide PTC equipment/services for BRC
Wednesday, 7 Jun 2017 06:45am EDT 

June 7 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC signs contract worth $22 million to provide PTC equipment/services for BRC.Westinghouse Air Brake Technologies - signed a contract worth about $22 million to design, install, test and commission positive train control.Westinghouse Air Brake Technologies Corp - ‍contract is expected to be completed in 2018.​.Co to design, install, test & commission ptc for Belt Railway Company of Chicago (BRC).  Full Article

Wabtec announces board/management appointments, increases dividend 20 pct
Wednesday, 10 May 2017 06:45am EDT 

May 10 (Reuters) - Wabtec Corp : :Wabtec announces board/management appointments; increases dividend 20 percent.Sets regular quarterly dividend of $0.12per share.Westinghouse air brake technologies corp - Albert J. Neupaver has been elected chairman of company's board of directors.Westinghouse Air Brake Technologies Corp - Raymond T. Betler remains president and chief executive officer and a member of board of directors.Westinghouse Air Brake Technologies Corp - Neupaver served as executive chairman for past three years.Westinghouse Air Brake Technologies Corp - Stéphane Rambaud-Measson has been named WABTEC's executive vice president and chief operating officer.  Full Article

Wabtec Q1 earnings per share $0.77
Tuesday, 25 Apr 2017 07:15am EDT 

April 25 (Reuters) - Westinghouse Air Brake Technologies Corp ::Wabtec reports results for 1Q, affirms guidance.Q1 earnings per share $0.77.Q1 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $3.95 to $4.15 excluding items.Sees FY 2017 revenue about $4.1 billion.Q1 sales $916 million versus I/B/E/S view $986 million.Westinghouse Air Brake Technologies Corp - company expects its quarterly results to improve sequentially during rest of year.Westinghouse Air Brake Technologies Corp says affirmed its financial guidance for 2017..Fy2017 earnings per share view $4.00, revenue view $4.08 billion -- Thomson Reuters I/B/E/S.Westinghouse Air Brake Technologies - expects quarterly results to improve sequentially during rest of year due to ramp up of projects already in backlog.Westinghouse Air Brake - estimates synergies from Faiveley deal to be about $15 million to $20 million in 2017, long-term synergies expected to exceed $50 million.  Full Article

Wabtec buys Thermal Transfer Corp
Thursday, 6 Apr 2017 09:00am EDT 

Wabtec Corp :Westinghouse air brake technologies corp says acquired thermal transfer corp.  Full Article

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Exclusive: GE seeking to shed troubled insurance business - sources

General Electric Co is working with investment bankers to find ways to shed its insurance business, which has caused it to book hefty charges while sparking shareholder lawsuits and an investigation by U.S. regulators, people familiar with the matter said on Tuesday.