Locomotive builder Wabtec’s revenue and profits increased in the fourth quarter, but the company’s stock tumbled 11% Wednesday after quarterly results and a new five-year outlook both came in ...

The Transit segment, however, grew 7.1%, helping lift overall revenue by 2.3% . Wabtec also introduced a new five-year forecast, targeting mid-single-digit annual revenue growth and 3.5 ...

Reports Q4 revenue $2.58B, consensus $2.62B. “The Wabtec (WAB) team delivered a strong 2024 as evidenced by higher orders, sales, margin expansion, increased earnings and robust cash flow ...

Wabtec and TRANSAP officials sign the deal for C30ACi locomotives, which are scheduled for delivery in 2026. Credit: Wabtec Corporation. US-based rail manufacturer Wabtec has secured an order from ...

Overall, Wabtec (as it is also known) ended the quarter with a solid performance in margins and cash flow, reinforcing its strong market positioning. Westinghouse Air Brake Technologies ...

Wabtec expects 2025 sales between $10.73 billion and $11.03 billion, a disappointment to Wall Street analysts, who expected $11.03 billion. The company said demand for its industrial components ...

Feb 12 (Reuters) - U.S. rail locomotive maker Wabtec (WAB.N), opens new tab forecast 2025 profit largely below analysts' estimates on Wednesday, as the industry tackles weak demand for new ...

Story Highlights Wabtec Corp. secured a $248 million contract with a Guinea company. Trains will run on an under construction railway connecting an iron ore mine to Port of Morebaya. Wabtec will ...