Rail conglomerate Wabtec Corp. announced a $700 million agreement with a Guinean company.
WAB lands a $700M-plus CTG services deal, lifting its Simandou-related business above $1.2B and expanding recurring rail revenue in Africa.
US rail company Wabtec has secured its largest African services contract, taking the value of its Simandou locomotive business above $1
PITTSBURGH — Wabtec has reached agreement on a contract worth more than $700 million to maintain locomotives it has built for Guinea’s Simandou mine project. It is Wabtec’s largest services contract in Africa. The agreement with La Compagnie du TransGuinéen will support the $277 million order in 2024 for ES43ACi locomotives placed by the government [...] Read More...
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Wabtec (NYSE:WAB) and the best and worst performers in the heavy transportation equipment industry.
Wabtec, AerCap and Ryder stand out as transport equipment plays despite inflation, tariffs and supply-chain pressures weighing on the industry.
Since 2015, their combined efforts have contributed to over 1,000 locomotive conversions.
ATLANTA, Ga. — Norfolk Southern and Wabtec Corp. have announced a modernization program that will convert 33 of the railroads ES44DC locomotives into AC-traction ES44ACMs. “This investment will improve reliability, increase efficiency, and extend locomotive life, helping us deliver safe, dependable service for customers,” NS Chief Operating Officer Brian Barr said in a press release. [...] Read More...
Wabtec (WAB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Westinghouse Air Brake Technologies Corporation (WAB), or Wabtec, gains 2,471% since 2005.
Wabtec (WAB) possesses solid growth attributes, which could help it handily outperform the market.
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Detailed price information for GE Vernova Inc (GEV-N) from The Globe and Mail including charting and trades.
Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?
Detailed price information for Wabtec Corp (WAB-N) from The Globe and Mail including charting and trades.
S&P 500 companies are posting strong Q2 earnings and revenue beats, with results tracking at five-year highs early in the reporting season.
Westinghouse Air Brake Technologies Corp (WAB) reports a 17.5% revenue increase and raises 2026 guidance amid significant backlog growth and strategic international orders.
Strong quarterly performance tops expectationsWabtec Corporation (NYSE:WAB) reported stronger-than-expected second-quarter 2026 results on Wednesday, driven by double-digit revenue growth, higher margins and robust demand across its Freight and Transit businesses. The rail equipment manufacturer posted adjusted earnings per share of $2.
WAB's Q2 earnings beat estimates as Freight and Transit growth, acquisitions and margin gains lift revenues and prompt a higher 2026 outlook.
Rail equipment company Westinghouse Air Brake Technologies (NYSE:WAB) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 17.5% year on year to $3.18 billion. The company’s full-year revenue guidance of $12.45 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $2.76 per share was 5.9% above analysts’ consensus estimates.
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The headline numbers for Wabtec (WAB) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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