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Wabtec Corporation (WAB) reported a profit for its second quarter that rose from the same period last year.


RTTNews | Jul 29, 2021 06:46AM EDT

06:45 Thursday, July 29, 2021 (RTTNews.com) - Wabtec Corporation (WAB) reported a profit for its second quarter that rose from the same period last year.

The company's earnings totaled $124.8 million, or $0.66 per share. This compares with $86.6 million, or $0.46 per share, in last year's second quarter.

Excluding items, Wabtec Corporation reported adjusted earnings of $200.2 million or $1.06 per share for the period.

The company's revenue for the quarter rose 15.5% to $2.01 billion from $1.74 billion last year.

Wabtec Corporation earnings at a glance:

-Earnings (Q2): $200.2 Mln. vs. $164.2 Mln. last year.-EPS (Q2): $1.06 vs. $0.87 last year.-Revenue (Q2): $2.01 Bln vs. $1.74 Bln last year.

-Guidance:Full year EPS guidance: $4.15 - $4.35Full year revenue guidance: $7.9 - $8.2 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3213450/wabtec-corporation-q2-adjusted-earnings-of-1-06-per-share.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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