Wabtec 3Q Net Up Sharply on Strong Freight Demand; Narrows Adjusted EPS View

Dow Jones

Oct 22, 2025

By Rob Curran

Westinghouse Air Brake Technologies' said third-quarter net income rose 9.5% on stronger freight-train equipment sales, and raised the lower end of its 2025 adjusted earnings projection.

The Pittsburgh-based locomotive maker, also known as Wabtec, posted earnings of $310 million, or $1.81 a share, up from $283 million, or $1.63 a share, a year earlier.

Stripping out certain one-time items, Wabtec logged adjusted earnings of $2.32 a share, surpassing the average target of $2.28 a share from analysts polled by FactSet.

Sales rose 8.4% to $2.89 billion, edging the mean analyst estimate of $2.88 billion. The acquisition of an inspection firm bolstered sales growth in the freight unit.

Freight equipment sales rose 32% while sales of services slumped 12% due to quirks of timing on modernization services, the company said.

Wabtec narrowed its projection for 2025 adjusted earnings to a range between $8.85 a share and $9.05 a share from the July estimate of a range between $8.55 and $9.15 a share. The maker of trains and locomotive components reiterated prior projection for 2025 revenue of $10.925 billion to $11.225 billion.

President and Chief Executive Rafael Santana expressed confidence in the growth outlook, "even in a dynamic and uncertain economic environment."

Freight volumes have been volatile in recent months due to trade tensions and stockpiling ahead of tariffs.

Write to Rob Curran at rob.curran@wsj.com

(END) Dow Jones Newswires

October 22, 2025 06:59 ET (10:59 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2577363767"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2577363767\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2577363767?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-22 18:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2577363767","market":"other","top_or_hot":-1,"title":"Wabtec 3Q Net Up Sharply on Strong Freight Demand; Narrows Adjusted EPS View","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Rob Curran \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Westinghouse Air Brake Technologies' said third-quarter net income rose 9.5% on stronger freight-train equipment sales, and raised the lower end of its 2025 adjusted earnings projection. \n</p>\n<p>\n  The Pittsburgh-based locomotive maker, also known as Wabtec, posted earnings of $310 million, or $1.81 a share, up from $283 million, or $1.63 a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items, Wabtec logged adjusted earnings of $2.32 a share, surpassing the average target of $2.28 a share from analysts polled by FactSet. \n</p>\n<p>\n  Sales rose 8.4% to $2.89 billion, edging the mean analyst estimate of $2.88 billion. The acquisition of an inspection firm bolstered sales growth in the freight unit. \n</p>\n<p>\n  Freight equipment sales rose 32% while sales of services slumped 12% due to quirks of timing on modernization services, the company said. \n</p>\n<p>\n  Wabtec narrowed its projection for 2025 adjusted earnings to a range between $8.85 a share and $9.05 a share from the July estimate of a range between $8.55 and $9.15 a share. The maker of trains and locomotive components reiterated prior projection for 2025 revenue of $10.925 billion to $11.225 billion. \n</p>\n<p>\n  President and Chief Executive Rafael Santana expressed confidence in the growth outlook, \"even in a dynamic and uncertain economic environment.\" \n</p>\n<p>\n  Freight volumes have been volatile in recent months due to trade tensions and stockpiling ahead of tariffs. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 22, 2025 06:59 ET (10:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wabtec 3Q Net Up Sharply on Strong Freight Demand; Narrows Adjusted EPS View</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWabtec 3Q Net Up Sharply on Strong Freight Demand; Narrows Adjusted EPS View\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-22 18:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Rob Curran \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Westinghouse Air Brake Technologies' said third-quarter net income rose 9.5% on stronger freight-train equipment sales, and raised the lower end of its 2025 adjusted earnings projection. \n</p>\n<p>\n  The Pittsburgh-based locomotive maker, also known as Wabtec, posted earnings of $310 million, or $1.81 a share, up from $283 million, or $1.63 a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items, Wabtec logged adjusted earnings of $2.32 a share, surpassing the average target of $2.28 a share from analysts polled by FactSet. \n</p>\n<p>\n  Sales rose 8.4% to $2.89 billion, edging the mean analyst estimate of $2.88 billion. The acquisition of an inspection firm bolstered sales growth in the freight unit. \n</p>\n<p>\n  Freight equipment sales rose 32% while sales of services slumped 12% due to quirks of timing on modernization services, the company said. \n</p>\n<p>\n  Wabtec narrowed its projection for 2025 adjusted earnings to a range between $8.85 a share and $9.05 a share from the July estimate of a range between $8.55 and $9.15 a share. The maker of trains and locomotive components reiterated prior projection for 2025 revenue of $10.925 billion to $11.225 billion. \n</p>\n<p>\n  President and Chief Executive Rafael Santana expressed confidence in the growth outlook, \"even in a dynamic and uncertain economic environment.\" \n</p>\n<p>\n  Freight volumes have been volatile in recent months due to trade tensions and stockpiling ahead of tariffs. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 22, 2025 06:59 ET (10:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2491050154.USD","symbol_name":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2577363767","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577363767","pubTimestamp":1761130740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Westinghouse Air Brake Technologies' said third-quarter net income rose 9.5% on stronger freight-train equipment sales, and raised the lower end of its 2025 adjusted earnings projection.The Pittsburgh-based locomotive maker, also known as Wabtec, posted earnings of $310 million, or $1.81 a share, up from $283 million, or $1.63 a share, a year earlier.Stripping out certain one-time items, Wabtec logged adjusted earnings of $2.32 a share, surpassing the average target of $2.28 a share from analysts polled by FactSet.Sales rose 8.4% to $2.89 billion, edging the mean analyst estimate of $2.88 billion. The acquisition of an inspection firm bolstered sales growth in the freight unit.Freight equipment sales rose 32% while sales of services slumped 12% due to quirks of timing on modernization services, the company said.Wabtec narrowed its projection for 2025 adjusted earnings to a range between $8.85 a share and $9.05 a share from the July estimate of a range between $8.55 and $9.15 a share. T","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4588":"碎股","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","WAB":"美国西屋制动","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4149":"建筑机械与重型卡车"},"translate_title":"由于货运需求强劲，西屋制动第三季度净值大幅上涨；缩小调整后每股收益视图","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WAB":0.9},"content_text":"By Rob Curran \n\n\n \n\n\n  Westinghouse Air Brake Technologies' said third-quarter net income rose 9.5% on stronger freight-train equipment sales, and raised the lower end of its 2025 adjusted earnings projection. \n\n\n  The Pittsburgh-based locomotive maker, also known as Wabtec, posted earnings of $310 million, or $1.81 a share, up from $283 million, or $1.63 a share, a year earlier. \n\n\n  Stripping out certain one-time items, Wabtec logged adjusted earnings of $2.32 a share, surpassing the average target of $2.28 a share from analysts polled by FactSet. \n\n\n  Sales rose 8.4% to $2.89 billion, edging the mean analyst estimate of $2.88 billion. The acquisition of an inspection firm bolstered sales growth in the freight unit. \n\n\n  Freight equipment sales rose 32% while sales of services slumped 12% due to quirks of timing on modernization services, the company said. \n\n\n  Wabtec narrowed its projection for 2025 adjusted earnings to a range between $8.85 a share and $9.05 a share from the July estimate of a range between $8.55 and $9.15 a share. The maker of trains and locomotive components reiterated prior projection for 2025 revenue of $10.925 billion to $11.225 billion. \n\n\n  President and Chief Executive Rafael Santana expressed confidence in the growth outlook, \"even in a dynamic and uncertain economic environment.\" \n\n\n  Freight volumes have been volatile in recent months due to trade tensions and stockpiling ahead of tariffs. \n\n\n \n\n\n  Write to Rob Curran at rob.curran@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 22, 2025 06:59 ET (10:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}