Financial Releases

Financial Releases

Wabtec Reports Fourth Quarter and Full-Year 2020 Results; Issues 2021 Financial Guidance
Feb 18, 2021
Delivered Strong Cash Flow from Operations of $784 Million for 2020 Including ~$220 Million of One Time Cash Impacts; Returned ~$300 Million to Shareholders Fourth Quarter Reported GAAP Earnings Per Share of $0.46 ; Adjusted EPS of $0.98 ; Full Year GAAP Earnings Per Share of $2.17 ; Adjusted EPS
Erwan Faiveley Will Not Seek Re-Election to Wabtec Board of Directors
Feb 17, 2021
PITTSBURGH --(BUSINESS WIRE)--Feb. 17, 2021-- Wabtec Corporation (NYSE: WAB) today announced that Erwan Faiveley has informed the company’s Board of Directors he does not intend to seek re-election at the company’s Annual Meeting in May 2021 . Faiveley has served on the Wabtec Board since 2016.
Wabtec Debuts on Human Rights Campaign’s 2021 Corporate Equality Index
Feb 04, 2021
PITTSBURGH --(BUSINESS WIRE)--Feb. 4, 2021-- Wabtec Corporation (NYSE: WAB) debuted on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index (CEI), the standard for measuring policies and practices that promote a LGBTQ-inclusive workplace.
Wabtec Wins Metroflexx Brake System Order for Singapore Mass Rapid Transit
Jan 24, 2021
PITTSBURGH --(BUSINESS WIRE)--Jan. 24, 2021-- Wabtec Corporation (NYSE: WAB) announced today that it secured an order from the Hyundai Rotem Company to supply several key components on train cars for Singapore Mass Rapid Transit’s (MRT) new Jurong Region Line.
Wabtec Announces Fourth Quarter 2020 Earnings Release Date
Jan 15, 2021
PITTSBURGH --(BUSINESS WIRE)--Jan. 15, 2021-- Wabtec Corporation (NYSE: WAB) announced it will report 2020 fourth quarter results before the U.S. financial markets open on Feb. 18, 2021 . The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m.
Wabtec Declares Regular Quarterly Common Dividend
Dec 14, 2020
PITTSBURGH --(BUSINESS WIRE)--Dec. 14, 2020-- Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on February 26, 2021 to holders of record on February 12, 2021 .
Wabtec Appoints Lee Banks to Board of Directors
Dec 10, 2020
PITTSBURGH --(BUSINESS WIRE)--Dec. 10, 2020-- Wabtec Corporation (NYSE: WAB) announced today the appointment of Lee Banks to its Board of Directors. Banks, 57, is President and Chief Operating Officer for Parker Hannifin Corporation, a Fortune 500 global manufacturer of motion and control
Wabtec Recommends Stockholders Reject Mini-Tender Offer From TRC Capital Investment Corporation
Nov 05, 2020
PITTSBURGH --(BUSINESS WIRE)--Nov. 5, 2020-- Wabtec Corporation (NYSE: WAB) has been notified of an unsolicited “mini-tender offer” by TRC Capital Investment Corporation , a private Canadian investment company, to purchase up to two million shares of Wabtec’s common stock at a price of $59.25 per
Wabtec Reports Third Quarter 2020 Results; Updates 2020 Guidance
Oct 29, 2020
Delivered Strong GAAP Cash Flow from Operations of $230 Million   Third Quarter Reported GAAP Earnings Per Share of $0.67 ; Adjusted EPS of $0.95   Third Quarter Reported GAAP Income from Operations of $207 Million (11.1% Margin); Adjusted Income from Operations of $293 Million (15.7% Margin)
Wabtec Releases 2020 Sustainability Report
Oct 26, 2020
PITTSBURGH--( BUSINESS WIRE )-- Wabtec Corporation  (NYSE: WAB) released today its 2020 Sustainability Report, which highlights the company’s accomplishments and commitments to building a more sustainable future by developing innovative technologies, driving responsible operations, and empowering
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