Form 8-K · Current Report · Filed 2025-02-12
Wabtec Reports Strong 2024 Q4 Results and 2025 Guidance
Wabtec Corporation reported strong fourth quarter 2024 financial results, with sales of $2.58 billion and adjusted earnings per diluted share of $1.68.
- Filer
- Wabtec Corporation WAB · NYSE
- Filed
- Accession
- 0001628280-25-005014
- CIK
- 0000943452
- Signal
- Low impactIndustrials
- Source
- Official filing on sec.gov ↗
Details
The company also announced 2025 financial guidance with an expected range of adjusted earnings per diluted share between $8.35 and $8.75. Additionally, Wabtec increased its quarterly dividend by 25% and expanded its share repurchase authorization by $1.0 billion, reflecting confidence in its future performance and commitment to returning value to shareholders.
Items reported
Results of Operations and Financial Condition
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$208.12
Next session
-5.6%
Since filing
+39.8%
Latest close
$290.86
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Precedent
Previous filings from WAB reporting the same item, with the next session's move:
Exhibits (2)
About Wabtec Corporation
Wabtec Corporation is a leading provider of technology-based equipment and services for the global rail industry. The company, formed through the merger of Wabtec and GE Transportation, specializes in developing, manufacturing, and servicing products that enhance the safety, efficiency, and productivity of freight and transit rail. Notable offerings include locomotives, control systems, and digital solutions that contribute to the optimization of rail network management. Wabtec also delivers crucial after-market services and refurbishment for railway equipment. Serving a critical role in the logistics and transportation sector, Wabtec finds its place at the intersection of innovation and infrastructure, aiding in the smooth flow of goods and passengers over vast distances. Leveraging decades of experience, the company's solutions not only support rail safety and operation but also align with broader trends in sustainability, as rail is one of the more environmentally friendly modes of transport. Headquartered in Pittsburgh, Pennsylvania, Wabtec is a major player in the transportation equipment industry, with a global footprint that underscores its importance in the rail supply chain.
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