Wabtec Corporation
Wabtec Raises Full-Year EPS Guidance Following Strong Q1 2026 Performance
Summary
Wabtec Corporation reported a strong start to 2026 with a 13.0% increase in sales to $2.95 billion and double-digit growth in both GAAP and adjusted earnings per share (EPS). The company's GAAP EPS was $2.12, up 12.8% year-over-year, while adjusted EPS was $2.71, up 18.9%. Wabtec also expanded its multi-year backlog by $8.50 billion and raised its full-year adjusted EPS guidance to a range of $10.25 to $10.65, reflecting a $0.20 increase at the midpoint.
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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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