secwatch.observer — SEC 8-K summary
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Issuer:     WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)
CIK:        0000943452
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001628280-23-003617
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wabtec Q4 sales +11.2% to $2.31B; adj. EPS $1.30 (+10.2%); FY23 guidance; dividend up 13%
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- Q4 GAAP EPS $0.86 (-15.7% YoY); adjusted EPS $1.30 (+10.2%); GAAP operating margin 10.7%.
- Freight segment sales $1.67B (+17.1%); Transit segment $637M (-1.7%, +9.3% constant currency).
- Cash from operations $410M; full-year $1.04B; $22.4B multi-year backlog.
- Board authorized $750M share buyback; quarterly dividend raised 13% to $0.17/share.
- FY23 guidance: sales $8.7-9.0B; adj. EPS $5.15-5.55; operating cash conversion >90%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/943452/000162828023003617/0001628280-23-003617-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/943452/000162828023003617/wab-20230215.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-003617

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