Wabtec Corporation (WAB) has made several important announcements. The company was certified as a RailPulse telematics vendor and delivered its Q4 2024 results, which unfortunately fell short of estimates, disappointing Wall Street. Despite this, cash flow for the company increased. WAB's Q4 EPS missed its target by 6 cents, contributing to a drop in the company shares. The company is taking strides towards digital revolution, hiring Salesforce CIO and acquiring Evident’s Inspection Technologies Division. Further, it announced its 2025 full-year guidance and declared regular quarterly dividends. A significant locomotive order has been finalized with TRANSAP, and Juan Perez was appointed to the board. WAB's green friction technology has started commercial operations in Paris. WAB stock is deemed as a strong growth stock. Moreover, the company has gained a $248 million locomotive order for the Simandou project, implemented advanced collision avoidance system, secured a $277-million locomotive order from SimFer, and acquired Bloom Engineering to strengthen its soft power.
Wabtec WAB News Analytics from Tue, 21 Feb 2023 08:00:00 GMT to Sat, 08 Mar 2025 08:01:02 GMT -
Rating -6
- Innovation 8
- Information 7
- Rumor -2
