---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-035033"
form_type: "8-K"
ticker: "WAB"
cik: "0000943452"
company_name: "WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T13:04:22.621074+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Wabtec Q3 adj. EPS $1.70 (+39% YoY); raises FY2023 guidance

## Summary
- GAAP EPS $1.33 (+51.1% YoY), adjusted EPS $1.70 (+39.3%), sales $2.55B (+22.5%).
- Freight sales $1.89B (+23.4%); Transit $660M (+20.0%); adj. operating margin 17.9% (+1.5 pts).
- Operating cash flow $425M (116% conversion); liquidity $1.86B; debt $4.05B.
- Raised FY2023 guidance: sales $9.50-9.70B, adj. EPS $5.80-6.00 (midpoint +21.4% YoY).
- 12-month backlog $7.09B (+13.1%); total backlog $21.48B (-5.0%).

## SEC filing metadata
- accession: 0001628280-23-035033
- form_type: 8-K
- ticker: WAB
- cik: 0000943452
- company_name: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/943452/000162828023035033/0001628280-23-035033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/943452/000162828023035033/wab-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-035033
- JSON: https://secwatch.observer/filing/0001628280-23-035033.json
- Plain text: https://secwatch.observer/filing/0001628280-23-035033.txt

## Key facts
- Earnings Releases
  WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP updated its third quarter 2023 guidance (raised).
  - Period: third quarter 2023
  - Guidance: raised
  - Result: reported results
  source text: On October 25, 2023, Westinghouse Air Brake Technologies Corporation (the “Company”) issued a press release reporting, among other things, the Company’s 2023 third quarter results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/943452/000162828023035033/0001628280-23-035033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.