Wabtec (WAB) has reported its
Q4 results, with sales below analyst estimates and an earnings miss, causing a stock drop. However, the company announced
2025 full-year guidance, rewarding shareholders with a 25% hike in quarterly dividends and a regular quarterly common dividend. Wabtec's acquisition of
Evident's inspection technologies division has been creditworthy, and they've entered into a locomotive order with
TRANSAP. Despite lower 2025 profits due to a freight slowdown, Wabtec's dividend announcement and key metrics, compared to Wall Street estimates, signal promise. Other noteworthy mentions include the approval of Wabtec's hybrid battery-diesel work locomotives for New York subway system’s maintenance operations and the appointment of Juan Perez to the board of directors. The company has also suffered a decline in Q4 revenues and has experienced weak guidance. KeyBanc sees the current situation as an attractive entry point for investors. Wabtec has also secured a
$248 million locomotive order from Winning Consortium Simandou and has implemented an advanced collision avoidance system at the Glencore Coal site.
Wabtec WAB News Analytics from Wed, 17 Apr 2024 07:00:00 GMT to Fri, 28 Feb 2025 19:51:21 GMT -
Rating -2
- Innovation 4
- Information 8
- Rumor -6
