Wabtec beats Q3 adjusted EPS estimates but shares fall on revenue miss
WAB Westinghouse Air Brake Technologies Corp
$283.43 -1.15%
View chart & analysis → - 1Wabtec reported Q3 adjusted earnings per share of $2.83, exceeding analyst estimates of $2.73.
- 2Wabtec's Q3 revenue of $3.12 billion fell short of the $3.2 billion estimate.
- 3Wabtec shares fell 2.94% in premarket trading.
So what's the key point?
Wabtec's earnings were higher than experts expected, but revenue was lower than anticipated. Following this news, the stock price fell 2.94%.
Source Investing.com +1 · View original ↗
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