Westinghouse Air Brake Technologies (WAB) reported Q1 adjusted earnings Wednesday of $2.28 per diluted share, up from $1.89 a year earlier.

Analysts polled by FactSet expected $2.03.

Net sales for the quarter ended March 31 were $2.61 billion, up from $2.50 billion a year earlier. Analysts surveyed by FactSet expected $2.61 billion.

The company raised its 2025 adjusted EPS guidance to a range of $8.35 to $8.95 versus prior outlook of $8.35 to $8.75. Analysts polled by FactSet expect $8.55.

For 2025, Westinghouse Air Brake Technologies continues to expect revenue of $10.73 billion to $11.03 billion. Analysts surveyed by FactSet expect $10.96 billion.