Financial Releases

Financial Releases

Wabtec Reports Strong 3rd Quarter 2021 Results
Oct 27, 2021
Third Quarter Reported GAAP Earnings Per Share of $0.69 ; Adjusted Earnings Per Share Up 20.0% to $1.14 Sales Growth of 2.2% to $1.91 Billion ; GAAP Operating Margin of 11.4%; Adjusted Operating Margin +130 bps to 17.0% Year-to-Date Cash Flow from Operations up 66% to $759 Million ; 103%
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Wabtec Declares Regular Quarterly Common Dividend
Oct 26, 2021
PITTSBURGH --(BUSINESS WIRE)--Oct. 26, 2021-- Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on November 29, 2021 to holders of record on November 15, 2021 .
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Wabtec Wins Equipment Contract to Modernize Chicago’s Metra Commuter Rail Service
Oct 21, 2021
PITTSBURGH --(BUSINESS WIRE)--Oct. 21, 2021-- Wabtec Corporation (NYSE: WAB) announced today an order to improve passenger experience, reliability, and safety for Metra, the commuter rail system in the Chicago metropolitan area serving the city of Chicago and its surrounding suburbs.
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Wabtec Opens Its Largest Engineering Lab in India
Oct 13, 2021
BENGALURU, India --(BUSINESS WIRE)--Oct. 13, 2021-- Wabtec Corporation (NYSE: WAB), a leading technology supplier for the freight and transit rail industries, inaugurated today a world-class global engineering lab at Bengaluru to enable rail component design and performance.
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Wabtec Announces Third Quarter 2021 Earnings Release Date
Oct 05, 2021
PITTSBURGH --(BUSINESS WIRE)--Oct. 5, 2021-- Wabtec Corporation (NYSE: WAB) announced it will report 2021 third quarter results before the U.S. financial markets open on October 27, 2021 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m.
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Wabtec Secures €60m Order for Platform Gates to Support the Marseille NEOMMA Metro Automation Project
Oct 05, 2021
PITTSBURGH --(BUSINESS WIRE)--Oct. 5, 2021-- Wabtec Corporation (NYSE: WAB) is to supply platform gates to Marseille’s metro automation project. The deal, valued at €60m, is part of plans by France’s second city to upgrade and automate its local transport network.
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Roy Hill Sets New Course with Purchase of FLXdrive Battery Locomotive
Sep 13, 2021
FLXdrive is the world’s first 100% battery-powered, heavy-haul freight locomotive PERTH, Australia & PITTSBURGH --(BUSINESS WIRE)--Sep. 13, 2021-- Roy Hill announced the purchase of Wabtec’s (NYSE: WAB) FLXdrive battery-electric locomotive, the world’s first 100-percent battery, heavy-haul
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Wabtec Signs Memoranda of Understanding with Carnegie Mellon University and Genesee & Wyoming to Decarbonize Freight Rail and Improve Freight Rail Safety
Sep 10, 2021
PITTSBURGH --(BUSINESS WIRE)--Sep. 10, 2021-- Wabtec (NYSE: WAB) announced today that it has signed a memorandum of understanding (MOU) with Carnegie Mellon University , a top university in engineering, artificial intelligence, battery technology, autonomy and robotics, which formalizes their joint
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Wabtec Appoints John Olin to Executive Vice President and Chief Financial Officer
Aug 11, 2021
PITTSBURGH --(BUSINESS WIRE)--Aug. 11, 2021-- Wabtec Corporation (NYSE: WAB) today announced John Olin will be named Executive Vice President and Chief Financial Officer of the company, effective October 1, 2021 . Olin will succeed Pat Dugan , who is leaving the company in the fourth quarter.
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Wabtec Celebrates the 1,000th Modernized Locomotive in the Americas
Aug 06, 2021
Locomotives reduced more than 1.4 million tons of CO2 Remanufacturing reused more than 100,000 tons of steel FORT WORTH, Texas --(BUSINESS WIRE)--Aug. 6, 2021-- Wabtec (NYSE: WAB) celebrated today its 1,000th locomotive modernization in North and South America .
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