Financial Releases

Financial Releases

Wabtec Declares Regular Quarterly Common Dividend
May 11, 2022
PITTSBURGH --(BUSINESS WIRE)--May 11, 2022-- Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 15 cents per share, payable on May 27, 2022 to holders of record on May 20, 2022 . About Wabtec Corporation Wabtec Corporation
Wabtec Reports Strong 1st Quarter 2022 Results
Apr 27, 2022
First Quarter Reported GAAP Earnings Per Share of $0.80 ; Adjusted Earnings Per Share of $1.13 , Up 27.0% Sales Growth of 5.3% to $1.93 Billion ; GAAP Operating Margin of 12.4%; Adjusted Operating Margin of 16.5%, Up 1.4 pts Repurchased 3.1 Million Shares During the First Quarter for $296 Million ;
Wabtec to Acquire Trimble’s Beena Vision Business to Extend its Digital Rail Inspection Portfolio
Apr 20, 2022
PITTSBURGH --(BUSINESS WIRE)--Apr. 20, 2022-- Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced today the company has signed a definitive agreement to acquire Trimble’s Beena Vision business, a manufacturer of machine vision-based wayside inspection
Wabtec’s Fort Worth Plant Celebrates its 5,000th Mining Wheel Delivery
Apr 11, 2022
FORT WORTH, Texas --(BUSINESS WIRE)--Apr. 11, 2022-- Wabtec (NYSE: WAB) celebrated the 5,000 th mining drive system wheel built at its plant in Fort Worth, TX. The milestone highlights the commercial success of the mining wheel for heavy-haul mining trucks, which set the standard for reliable and
Wabtec Announces First Quarter 2022 Earnings Release Date
Apr 06, 2022
PITTSBURGH --(BUSINESS WIRE)--Apr. 6, 2022-- Wabtec Corporation (NYSE: WAB) announced it will report 2022 first quarter results before the U.S. financial markets open on April 27, 2022 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m.
Wabtec to Modernize 330 Norfolk Southern Locomotives
Mar 23, 2022
Extended partnership furthers railroad’s sustainability, fuel efficiency efforts ATLANTA & PITTSBURGH --(BUSINESS WIRE)--Mar. 23, 2022-- Wabtec Corporation (NYSE: WAB) announced today an additional multi-year order from Norfolk Southern (NYSE: NSC) to modernize 330 locomotives as part of its
Wabtec and BNSF Railway Biofuels Pilot to Advance Sustainability
Mar 09, 2022
FORT WORTH, Texas & PITTSBURGH --(BUSINESS WIRE)--Mar. 9, 2022-- Wabtec (NYSE: WAB) and BNSF Railway are partnering to advance sustainability in the rail industry with a new biofuel project aimed at quantifying the impact of alternative fuels on emissions, durability, and performance in Wabtec
Wabtec Hosts 2022 Investor Day, Outlines Strategy for Long-Term Growth and Value Creation
Mar 09, 2022
Five-year financial targets include significant margin expansion, above market growth, double-digit EPS growth, and strong cash generation Announces next phase of integration with target of $75 million to $90 million benefit Disciplined capital allocation to maintain strong financial position and
Wabtec and Union Pacific Railroad Partner to Reduce Emissions with Higher Biodiesel Blends
Mar 08, 2022
OMAHA, Neb. and PITTSBURGH, Pa. , March 8, 2022 /PRNewswire/ -- Union Pacific Railroad (NYSE: UNP) will begin using a higher biodiesel blend in locomotives it acquired from Wabtec (NYSE: WAB). The new collaboration helps Union Pacific as it works to increase the percentage of low-carbon fuels
Wabtec Donates $100,000 to Support Ukraine Refugee Relief Efforts
Mar 08, 2022
PITTSBURGH --(BUSINESS WIRE)--Mar. 8, 2022-- The Wabtec Foundation , the philanthropic arm of Wabtec Corporation (NYSE: WAB), today announced a donation of $100,000 to support Ukrainian refugee relief efforts. The donation will be split equally between the International Rescue Committee (IRC) and
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