secwatch.observer — SEC 8-K summary
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Issuer:     WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)
CIK:        0000943452
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001628280-24-004626
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wabtec Q4 adj. EPS $1.54 (+18.5% YoY), sales $2.53B (+9.5%); FY24 adj. EPS guidance $6.50–$6.90
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- Q4 GAAP EPS $1.20 (+39.5% YoY), adjusted EPS $1.54 (+18.5%); full-year GAAP EPS $4.53.
- Q4 sales $2.53B (+9.5%); Freight +7.7%, Transit +14.3%; record FY23 operating cash flow $1.20B.
- FY24 guidance: sales $10.05–$10.35B, adj. EPS $6.50–$6.90 (mid-point +13.2% YoY).
- Board reauthorized $1.0B share buyback; quarterly dividend raised 17.6% to $0.20 per share.
- 12-month backlog $7.46B (+10.3%); multi-year backlog $22.0B (-2.0%) on FX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/943452/000162828024004626/0001628280-24-004626-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/943452/000162828024004626/wab-20240214.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-004626

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer