- Adjusted EPS for Westinghouse Air Brake in Q4 was $1.68, which is below the estimated $1.74 but higher than last year’s $1.54.
- The company reported an EPS of $1.23, slightly higher than last year’s $1.20.
- Net sales were reported at $2.58 billion, marking a 2.3% increase year-over-year (y/y), but still below the estimated $2.6 billion.
- Freight net sales declined by 0.2% y/y, reaching $1.79 billion, missing the $1.89 billion estimate.
- Transit net sales showed an 8.4% increase y/y, achieving $789 million, beating the estimated $739.9 million.
- Operating income increased by 8.4% y/y, reaching $334 million, although falling short of the $367.1 million estimate.
- Adjusted gross profit was $815 million, a 4.9% increase y/y, yet below the estimated $832.7 million.
- Adjusted operating income rose by 1.6% y/y, totaling $438 million, which did not meet the $447.3 million estimate.
- The adjusted operating margin slightly decreased to 16.9% from last year’s 17%, failing to meet the estimated 17.5% margin.
- Analyst recommendations include 8 buys, 4 holds, and no sells.
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A look at Wabtec Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Wabtec Corporation, known as Westinghouse Air Brake Technologies Corporation, is set for a promising long-term outlook based on the Smartkarma Smart Scores. With a solid score of 4 for Growth and Momentum, the company is positioned for potential expansion and market traction. This suggests Wabtec is well-placed for future development and sustained performance in the rail industry.
While the company’s Value, Dividend, and Resilience scores fall slightly lower, at 3 for Value and Resilience, and 2 for Dividend, the overall outlook remains positive due to the strong Growth and Momentum scores. Wabtec’s broad range of technology products for locomotives and transit vehicles, coupled with its services both in manufacturing and after-market, underpin its resilience in the industry, ensuring continued relevance and growth potential.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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