Propel Holdings Aktie
WKN DE: A3C6TB / ISIN: CA74349D1069
25.07.2024 16:14:49
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Strong Q2 Results Propel Wabtec's Momentum
Locomotive and transit system manufacturer Westinghouse Air Brake Technologies (NYSE:WAB) (Wabtec) reported second-quarter 2024 earnings on Wednesday that confirmed strong performance. Sales jumped nearly 10% to $2.64 billion, driven by robust growth in its Freight segment. GAAP diluted earnings per share (EPS) increased a strong 54.7% year over year to $1.64, while adjusted EPS grew by 39% to $1.96. These results surpassed management’s prior expectations, confirming the company's positive outlook for the fiscal year.Source: Wabtec. Note: Management guidance for Q2 was provided on April 24, 2024. YOY = Year over year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Aktien in diesem Artikel
Propel Holdings Inc Registered Shs Unitary | 23,20 | -4,13% |
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Q2 Holdings Inc | 67,50 | -1,46% |
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