Wabtec: Earnings Miss but Cash Flow Up
Westinghouse Air Brake Technologies missed revenue and EPS estimates, but reported solid margins and cash flows.Locomotive technology specialist Westinghouse Air Brake Technologies (WAB -0.12%) reported fourth-quarter and full-year 2024 earnings on Wednesday, Feb. 12, that fell short of analysts' consensus expectations. Adjusted EPS of $1.68 missed the forecast of $1.73 and Q4 revenue of $2.58 billion came in just under the anticipated $2.62 billion. Despite these misses, the company experienced a 2.3% incr ...