Wabtec Shares Rise After 2Q Earnings Beat Estimates

Dow Jones
07/22
 

Shares of Wabtec rose after the digital solutions company's second-quarter earnings beat estimates.

The stock was up 11% to $293.13 in recent trading, and rose 37% since the start of the year.

Wabtec posted adjusted earnings per share of $2.76. Analysts polled by FactSet expected $2.61.

Net income was $395 million, or $2.33 a share, compared with $336 million, or $1.96 a share, a year earlier.

Revenue rose nearly 18% to $3.18 billion. Analysts polled by FactSet expected $3.07 billion.

Chief Executive Rafael Santana said the company continued to build momentum through strategic commercial awards and the integration of recent acquisitions.

Wabtec increased its fiscal 2026 revenue guidance to between $12.3 billion and $12.6 billion. Wall Street was expecting $12.39 billion, according to FactSet.

The company also raised its fiscal 2026 adjusted earnings per share guidance range to between $10.60 and $10.90. Analysts polled by FactSet were expecting $10.63.

 

Write to Grace Yoon at grace.yoon@wsj.com

 

(END) Dow Jones Newswires

July 22, 2026 10:39 ET (14:39 GMT)

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