07 May 2022 North America

Wabtec Reports Strong 1st Quarter 2022 Results

Wabtec Corporation (NYSE: WAB) has reported first-quarter 2022 GAAP earnings per diluted share of $0.80, up 35.6% versus the first quarter of 2021. Adjusted earnings per diluted share were $1.13, up 27.0% versus the same quarter a year ago. First-quarter sales were $1.93 billion and cash from operations was $161 million. “The Wabtec team made solid progress in the quarter against our long-term strategy by delivering profitable growth and continued margin expansion across our Freight and Transit

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