Westinghouse Air Brake ($WAB) Q3 2024 Earnings Are Just Around The Corner

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Get ready to mark your calendars because the much anticipated third quarter financial results of Westinghouse Air Brake (NYSE: WAB) are set to be unveiled on Wednesday 23rd October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled before market open.

Financial analysts on Wall Street are predicting that the concern is expected to report an estimated per share $1.89 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $2.69 billion during this period.

Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $10.43 billion. Additionally, they expect the company to post profit of $7.48 per share for the fiscal year.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.7. This figure was a result of the company's total revenue, which reached an impressive $2.55 billion million during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.96 +39.0% 2.64 B +9.8%
Q1 2024 $1.89 +47.7% 2.50 B +13.8%
Q4 2023 $1.54 +18.5% 2.53 B +9.5%
Q3 2023 $1.70 +39.3% 2.55 B +22.5%
Q2 2023 $1.41 +14.6% 2.41 B +17.5%
*Growth on year-over-year basis

 

WAB has scheduled a conference call on 23rd October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.

Westinghouse Air Brake (WAB) closed Monday's regular trading session at $189.97, reflecting a 0.62 percent decline. During the day, WAB shares traded between $189.78 and $192.48, with a day volume of 1.04 million shares.